Cost of Living: Waco, TX vs Wilmington, NC
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Waco | Wilmington |
|---|---|---|
| Housing Index | 85.0 | 110.0 |
| Median Home Price | $215,000 | $320,000 |
| Average Rent (2 BR Apartment) | $1350 | $1500 |
| Average Rent (2 BR House) | $1400 | $1600 |
Housing Comparison: Waco vs Wilmington
- The median home price in Wilmington is higher at $320,000, compared to $215,000 in Waco.
- In Wilmington, the rental for a two-bedroom apartment stands at $1,500, while it is $1,350 in Waco.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Waco | Wilmington |
|---|---|---|
| Electricity Price | $14.47 | $13.72 |
| Natural Gas Price | $26.29 | $Data is updating |
| Other Utilities | $250 | $250 |
Utilities Comparison: Waco vs Wilmington
- Electricity costs are higher in Waco at $14.47 per kWh, compared to $13.72 in Wilmington.
- Natural gas price data is currently unavailable.
- Utility expenses are equal in both Waco and Wilmington averaging $250.