Bedford, TX vs Waco, TX

There is a significant gap in the cost of living between these two cities. Waco is 29.5% cheaper than Bedford. With a cost index of 82 vs 106, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Waco to Bedford should plan for substantially higher expenses across most categories.

On the housing front, median rent in Bedford is $1,429/month compared to $1,098/month in Waco — a 30% difference. Home values follow the same pattern: Waco is more affordable at $199,600 median vs $322,300.

Median household income in Bedford is $81,393 compared to $51,468 in Waco (+58.1%). While Bedford is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Bedford spend roughly 21.1% of their income on rent, less than the 25.6% in Waco.