Cost of Living: Arvada, CO vs Waco, TX
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Arvada | Waco |
|---|---|---|
| Housing Index | 120.0 | 85.0 |
| Median Home Price | $477,000 | $215,000 |
| Average Rent (2 BR Apartment) | $2000 | $1350 |
| Average Rent (2 BR House) | $2056 | $1400 |
Housing Comparison: Arvada vs Waco
- In Arvada, the median home price is higher at $477,000, while in Waco it is $215,000.
- Renting a two-bedroom apartment costs more in Arvada at $2,000 than in Waco at $1,350.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Arvada | Waco |
|---|---|---|
| Electricity Price | $15.21 | $14.47 |
| Natural Gas Price | $11.3 | $26.29 |
| Other Utilities | $250 | $250 |
Utilities Comparison: Arvada vs Waco
- Electricity costs are higher in Arvada at $15.21 per kWh, compared to $14.47 in Waco.
- Waco experiences higher natural gas costs at $26.29 per unit, with costs at $11.3 in Arvada.
- Utility expenses are equal in both Arvada and Waco averaging $250.