Richmond, VA vs Waco, TX
Cost of Living Comparison
Waco, TX is more affordable by 5.3 index points
Side-by-Side Comparison
| Category | Richmond, VA | Waco, TX | Difference |
|---|---|---|---|
| Overall | 97.9 | 92.5 | +5.3 |
| Housing | 99.1 | 83.5 | +15.6 |
| Goods | 96.8 | 93.8 | +3.0 |
| Utilities | 89.2 | 81.0 | +8.3 |
| Other Services | 98.6 | 96.2 | +2.4 |
Income & Housing Comparison
| Metric | Richmond, VA | Waco, TX |
|---|---|---|
| Median Household Income | $80,877 | $59,193 |
| Median Home Value | $299,100 | $190,100 |
| Median Monthly Rent | $1,307 | $1,042 |
| Per Capita Income | $44,141 | $30,923 |
Frequently Asked Questions
Is Richmond, VA or Waco, TX cheaper to live in?
Waco, TX is more affordable. The cost of living difference is 5.3 index points (Richmond, VA: 97.9, Waco, TX: 92.5).
Where is housing cheaper, Richmond, VA or Waco, TX?
Housing is more affordable in Waco, TX. Housing index: Richmond, VA (99.1) vs Waco, TX (83.5).