Cost of Living: Waco, TX vs Norton Shores, MI
Quick rent-and-take-home comparison
Using a baseline of $70,000/yr gross, take-home is about $4,516/mo in Waco, TX versus $4,268/mo in Norton Shores, MI. In the model, rent is about 15.99% of gross in Waco, TX versus 18.74% in Norton Shores, MI, so Waco, TX tends to feel more affordable for rent.
Compare cost of living, rent, housing prices, and salary affordability between Waco, TX and Norton Shores, MI.
At a glance
- Cheaper overall (lower cost-of-living index): Norton Shores, MI
- Lower rent (median 1BR/2BR): Waco, TX
- Lower home prices: Waco, TX
- Higher median household income: Norton Shores, MI
Cost of Living Index
Waco, TX: 100 (U.S. = 100) · Norton Shores, MI: 100 (U.S. = 100)
Both cities have the same cost-of-living index (U.S. average = 100).
Median Rent
Waco, TX: $1,043/mo (midpoint of 1BR/2BR) · Norton Shores, MI: $1,222/mo
Median rent in Norton Shores, MI is $179/mo higher than in Waco, TX.
Median Home Price
Waco, TX: $199,600 · Norton Shores, MI: $214,000
Median home price in Norton Shores, MI is $14,400 higher than in Waco, TX.
Median Household Income
Waco, TX: $51,468 · Norton Shores, MI: $73,390
Norton Shores, MI has a higher median household income than Waco, TX by $21,922.
Waco, TX overview · Norton Shores, MI overview · Popular comparisons