Cost of Living: Hendersonville, TN vs Waco, TX
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Hendersonville | Waco |
|---|---|---|
| Housing Index | 95.0 | 85.0 |
| Median Home Price | $386,000 | $215,000 |
| Average Rent (2 BR Apartment) | $1500 | $1350 |
| Average Rent (2 BR House) | $1600 | $1400 |
Housing Comparison: Hendersonville vs Waco
- In Hendersonville, the median home price is higher at $386,000, while in Waco it is $215,000.
- Renting a two-bedroom apartment costs more in Hendersonville at $1,500 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 | Hendersonville | Waco |
|---|---|---|
| Electricity Price | $12.57 | $14.47 |
| Natural Gas Price | $12.35 | $26.29 |
| Other Utilities | $250 | $250 |
Utilities Comparison: Hendersonville vs Waco
- Waco has higher electricity costs at $14.47 per kWh, versus $12.57 in Hendersonville.
- Waco experiences higher natural gas costs at $26.29 per unit, with costs at $12.35 in Hendersonville.
- Utility expenses are equal in both Hendersonville and Waco averaging $250.