CostByCity

Hot Springs, AR vs Waco, TX

Cost of Living Comparison

Hot Springs, AR is more affordable by 6.8 index points

Side-by-Side Comparison

CategoryHot Springs, ARWaco, TXDifference
Overall85.792.5-6.8
Housing57.383.5-26.3
Goods93.693.8-0.2
Utilities74.381.0-6.7
Other Services95.396.2-0.9

Income & Housing Comparison

MetricHot Springs, ARWaco, TX
Median Household Income$54,229$59,193
Median Home Value$166,600$190,100
Median Monthly Rent$913$1,042
Per Capita Income$31,854$30,923

Frequently Asked Questions

Is Hot Springs, AR or Waco, TX cheaper to live in?
Hot Springs, AR is more affordable. The cost of living difference is 6.8 index points (Hot Springs, AR: 85.7, Waco, TX: 92.5).
Where is housing cheaper, Hot Springs, AR or Waco, TX?
Housing is more affordable in Hot Springs, AR. Housing index: Hot Springs, AR (57.3) vs Waco, TX (83.5).