Cost of Living: Clarksdale, MS vs Waco, TX
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Clarksdale | Waco |
|---|---|---|
| Housing Index | 75.0 | 85.0 |
| Median Home Price | $120,000 | $215,000 |
| Average Rent (2 BR Apartment) | $1200 | $1350 |
| Average Rent (2 BR House) | $1300 | $1400 |
Housing Comparison: Clarksdale vs Waco
- The median home price in Waco is higher at $215,000, compared to $120,000 in Clarksdale.
- In Waco, the rental for a two-bedroom apartment stands at $1,350, while it is $1,200 in Clarksdale.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Clarksdale | Waco |
|---|---|---|
| Electricity Price | $13.42 | $14.47 |
| Natural Gas Price | $22.19 | $26.29 |
| Other Utilities | $150 | $250 |
Utilities Comparison: Clarksdale vs Waco
- Waco has higher electricity costs at $14.47 per kWh, versus $13.42 in Clarksdale.
- Waco experiences higher natural gas costs at $26.29 per unit, with costs at $22.19 in Clarksdale.
- Waco has higher utility expenses, averaging $250, while Clarksdale averages $150.