CostByCity

Monroe, LA vs Waco, TX

Cost of Living Comparison

Monroe, LA is more affordable by 9.0 index points

Side-by-Side Comparison

CategoryMonroe, LAWaco, TXDifference
Overall83.692.5-9.0
Housing42.883.5-40.7
Goods93.793.8-0.1
Utilities72.281.0-8.8
Other Services95.796.2-0.5

Income & Housing Comparison

MetricMonroe, LAWaco, TX
Median Household Income$47,351$59,193
Median Home Value$158,100$190,100
Median Monthly Rent$859$1,042
Per Capita Income$28,677$30,923

Frequently Asked Questions

Is Monroe, LA or Waco, TX cheaper to live in?
Monroe, LA is more affordable. The cost of living difference is 9.0 index points (Monroe, LA: 83.6, Waco, TX: 92.5).
Where is housing cheaper, Monroe, LA or Waco, TX?
Housing is more affordable in Monroe, LA. Housing index: Monroe, LA (42.8) vs Waco, TX (83.5).