Cost of Living: Fayetteville, NC vs Waco, TX
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Fayetteville | Waco |
|---|---|---|
| Housing Index | 90.0 | 85.0 |
| Median Home Price | $264,000 | $215,000 |
| Average Rent (2 BR Apartment) | $1200 | $1350 |
| Average Rent (2 BR House) | $1280 | $1400 |
Housing Comparison: Fayetteville vs Waco
- In Fayetteville, the median home price is higher at $264,000, 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 Fayetteville.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Fayetteville | Waco |
|---|---|---|
| Electricity Price | $13.72 | $14.47 |
| Natural Gas Price | $Data is updating | $26.29 |
| Other Utilities | $150 | $250 |
Utilities Comparison: Fayetteville vs Waco
- Waco has higher electricity costs at $14.47 per kWh, versus $13.72 in Fayetteville.
- Natural gas price data is currently unavailable.
- Waco has higher utility expenses, averaging $250, while Fayetteville averages $150.