Cost of Living: Waco, TX vs Merrill, WI

Housing

The housing market plays a significant role in determining the cost of living.

Metric Waco Merrill
Housing Index 85.0 Data is updating
Median Home Price $215,000 $200,000
Average Rent (2 BR Apartment) $1350 $Data is updating
Average Rent (2 BR House) $1400 $Data is updating

Housing Comparison: Waco vs Merrill

  • In Waco, the median home price is higher at $215,000, while in Merrill it is $200,000.
  • The rent for a two-bedroom apartment is equal in both Waco and Merrill 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 Waco Merrill
Electricity Price $14.47 $17.6
Natural Gas Price $26.29 $11.5
Other Utilities $250 $Data is updating

Utilities Comparison: Waco vs Merrill

  • Merrill has higher electricity costs at $17.6 per kWh, versus $14.47 in Waco.
  • Natural gas is more expensive in Waco at $26.29 per unit, while it is cheaper at $11.5 in Merrill.
  • Utility expenses are equal in both Waco and Merrill averaging $250.