CostByCity

Raleigh, NC vs Waco, TX

Cost of Living Comparison

Waco, TX is more affordable by 5.6 index points

Side-by-Side Comparison

CategoryRaleigh, NCWaco, TXDifference
Overall98.292.5+5.6
Housing103.583.5+19.9
Goods96.693.8+2.9
Utilities89.081.0+8.0
Other Services98.296.2+1.9

Income & Housing Comparison

MetricRaleigh, NCWaco, TX
Median Household Income$91,818$59,193
Median Home Value$347,600$190,100
Median Monthly Rent$1,366$1,042
Per Capita Income$47,031$30,923

Frequently Asked Questions

Is Raleigh, NC or Waco, TX cheaper to live in?
Waco, TX is more affordable. The cost of living difference is 5.6 index points (Raleigh, NC: 98.2, Waco, TX: 92.5).
Where is housing cheaper, Raleigh, NC or Waco, TX?
Housing is more affordable in Waco, TX. Housing index: Raleigh, NC (103.5) vs Waco, TX (83.5).