Cost of Living: Waco, TX vs Akron, OH
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Waco | Akron |
|---|---|---|
| Housing Index | 85.0 | 90.0 |
| Median Home Price | $215,000 | $147,000 |
| Average Rent (2 BR Apartment) | $1350 | $1050 |
| Average Rent (2 BR House) | $1400 | $1100 |
Housing Comparison: Waco vs Akron
- In Waco, the median home price is higher at $215,000, while in Akron it is $147,000.
- Renting a two-bedroom apartment costs more in Waco at $1,350 than in Akron at $1,050.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Waco | Akron |
|---|---|---|
| Electricity Price | $14.47 | $15.92 |
| Natural Gas Price | $26.29 | $Data is updating |
| Other Utilities | $250 | $250 |
Utilities Comparison: Waco vs Akron
- Akron has higher electricity costs at $15.92 per kWh, versus $14.47 in Waco.
- Natural gas price data is currently unavailable.
- Utility expenses are equal in both Waco and Akron averaging $250.