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Indianola, NE vs Waco, NE

58
Indianola
Nebraska
VS
-30.4%
84
Waco
Nebraska

The cost of living difference between Indianola, NE and Waco, NE is dramatic. Indianola is 30.4% cheaper than Waco, a gap that translates to thousands of dollars per year in household expenses. Indianola has a cost index of 58 while Waco sits at 84, making this one of the more striking comparisons on our site. Relocating between these cities would require a serious reassessment of budget and lifestyle expectations.

When it comes to buying, median home values in Indianola are $85,500 compared to $140,000 in Waco, a 39% gap.

Median household income in Indianola is $49,615 compared to $80,417 in Waco (-38.3%). While Waco is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income.

Climate-wise, both cities share similar average temperatures (52.2°F vs 51.5°F). Waco receives more rainfall at 29.5" per year compared to 20.1" in Indianola.

Income & Cost

Cost of Living Index
Indianola
58
30% cheaper
Waco
84
Median Household Income
Indianola
$49,615
Waco
$80,417
38% higher

Housing

Median Rent
Indianola
$639
Waco
Median Home Value
Indianola
$85,500
39% cheaper
Waco
$140,000
Population
Indianola
460
Waco
155

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Indianola
Waco $2.96
US $3.07
🥚
Eggs (grade A, large)
Indianola
Waco $2.41
US $2.50
🥛
Milk (whole)
Indianola
Waco $3.89
US $4.03
🍞
Bread (white)
Indianola
Waco $1.79
US $1.85
🍗
Chicken breast
Indianola
Waco $4.00
US $4.14
Electricity
Indianola
Waco $0.15
US $0.19

Climate

NOAA 30-year normals (1991-2020)

Avg Temp
Indianola 52.2°F
Waco 51.5°F
Summer High
Indianola 91°F
Waco 87°F
Winter Low
Indianola 16°F
Waco 15°F
Rainfall
Indianola 20.1"
Waco 29.5"
Rainy Days
Indianola 79d
Waco 100d