Cost of Living: Schenectady, NY vs Waco, TX
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Schenectady | Waco |
|---|---|---|
| Housing Index | 115.0 | 85.0 |
| Median Home Price | $247,000 | $215,000 |
| Average Rent (2 BR Apartment) | $1600 | $1350 |
| Average Rent (2 BR House) | $1650 | $1400 |
Housing Comparison: Schenectady vs Waco
- In Schenectady, the median home price is higher at $247,000, while in Waco it is $215,000.
- Renting a two-bedroom apartment costs more in Schenectady at $1,600 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 | Schenectady | Waco |
|---|---|---|
| Electricity Price | $26.08 | $14.47 |
| Natural Gas Price | $18.13 | $26.29 |
| Other Utilities | $250 | $250 |
Utilities Comparison: Schenectady vs Waco
- Electricity costs are higher in Schenectady at $26.08 per kWh, compared to $14.47 in Waco.
- Waco experiences higher natural gas costs at $26.29 per unit, with costs at $18.13 in Schenectady.
- Utility expenses are equal in both Schenectady and Waco averaging $250.