Cost of Living: Claremont, CA vs Waco, TX
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Claremont | Waco |
|---|---|---|
| Housing Index | 140.0 | 85.0 |
| Median Home Price | $670,000 | $215,000 |
| Average Rent (2 BR Apartment) | $2900 | $1350 |
| Average Rent (2 BR House) | $2960 | $1400 |
Housing Comparison: Claremont vs Waco
- In Claremont, the median home price is higher at $670,000, while in Waco it is $215,000.
- Renting a two-bedroom apartment costs more in Claremont at $2,900 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 | Claremont | Waco |
|---|---|---|
| Electricity Price | $32.99 | $14.47 |
| Natural Gas Price | $16.99 | $26.29 |
| Other Utilities | $240 | $250 |
Utilities Comparison: Claremont vs Waco
- Electricity costs are higher in Claremont at $32.99 per kWh, compared to $14.47 in Waco.
- Waco experiences higher natural gas costs at $26.29 per unit, with costs at $16.99 in Claremont.
- Waco has higher utility expenses, averaging $250, while Claremont averages $240.