Cost of Living: Commerce, GA vs Waco, TX
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Commerce | Waco |
|---|---|---|
| Housing Index | 85.5 | 85.0 |
| Median Home Price | $256,000 | $215,000 |
| Average Rent (2 BR Apartment) | $1200 | $1350 |
| Average Rent (2 BR House) | $1360 | $1400 |
Housing Comparison: Commerce vs Waco
- In Commerce, the median home price is higher at $256,000, while in Waco it is $215,000.
- In Waco, the rental for a two-bedroom apartment stands at $1,350, while it is $1,200 in Commerce.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Commerce | Waco |
|---|---|---|
| Electricity Price | $15.53 | $14.47 |
| Natural Gas Price | $27.53 | $26.29 |
| Other Utilities | $200 | $250 |
Utilities Comparison: Commerce vs Waco
- Electricity costs are higher in Commerce at $15.53 per kWh, compared to $14.47 in Waco.
- Natural gas is more expensive in Commerce at $27.53 per unit, while it is cheaper at $26.29 in Waco.
- Waco has higher utility expenses, averaging $250, while Commerce averages $200.