Allen, NE vs Waco, NE
There is a significant gap in the cost of living between these two cities. Allen is 27.8% cheaper than Waco. With a cost index of 60 vs 84, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Allen to Waco should plan for substantially higher expenses across most categories.
When it comes to buying, median home values in Allen are $111,600 compared to $140,000 in Waco, a 20% gap.
Median household income in Allen is $53,125 compared to $80,417 in Waco (-33.9%). While Waco is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income.
Climate-wise, Waco is notably warmer with an average of 51.5°F compared to 48.4°F in Allen. Waco receives more rainfall at 29.5" per year compared to 29.3" in Allen.
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Climate
NOAA 30-year normals (1991-2020)