Cost of Living: Merrill, MI vs Waco, TX
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Merrill | Waco |
|---|---|---|
| Housing Index | Data is updating | 85.0 |
| Median Home Price | $125,000 | $215,000 |
| Average Rent (2 BR Apartment) | $Data is updating | $1350 |
| Average Rent (2 BR House) | $Data is updating | $1400 |
Housing Comparison: Merrill vs Waco
- The median home price in Waco is higher at $215,000, compared to $125,000 in Merrill.
- The rent for a two-bedroom apartment is equal in both Merrill and Waco at $0.0.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Merrill | Waco |
|---|---|---|
| Electricity Price | $19.88 | $14.47 |
| Natural Gas Price | $15.42 | $26.29 |
| Other Utilities | $Data is updating | $250 |
Utilities Comparison: Merrill vs Waco
- Electricity costs are higher in Merrill at $19.88 per kWh, compared to $14.47 in Waco.
- Waco experiences higher natural gas costs at $26.29 per unit, with costs at $15.42 in Merrill.
- Utility expenses are equal in both Merrill and Waco averaging $0.0.