Old Fort, NC vs Waco, NC

Old Fort is moderately more affordable than Waco, with a 10.9% lower cost of living index. Old Fort scores 66 compared to 74 for Waco, where the US average is 100. This difference means residents of Waco can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Old Fort is $771/month compared to $1,077/month in Waco — a 28% difference. Interestingly, home values tell a different story: while Old Fort has cheaper rent, Waco actually has lower median home values ($93,100 vs $121,400).

Median household income in Old Fort is $50,357 compared to $31,250 in Waco (+61.1%). Old Fort offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Old Fort spend roughly 18.4% of their income on rent, less than the 41.4% in Waco. The Old Fort ratio exceeds the commonly recommended 30% threshold, which can put pressure on household budgets.