Cost of living in Waxahachie research summary. The cost of living index is set to 100 for the average place in the United States. A cost of living index above 100 means Waxahachie is expensive. An index value below 100 means the city is a relatively cheap place to live.
On a city-by-city basis in Texas, home prices and rent have the biggest impact on the cost of living. Here are the key takeaways based on Saturday Night Science:
The cost of living index in Waxahachie is 108, with 100 being the average.
The cost of living index in Waxahachie is 1.1x higher than the national average.
Waxahachie ranks as the #300 cheapest in Texas out of 414.
Waxahachie ranks as the #3,467 cheapest out of 6,489 in the US.
The median home value in Waxahachie is $365,887.
The median income in Waxahachie is $82,449.
According to the most recent data on the cost of living, Waxahachie has an overall cost of living index of 108, which is 1.1x higher than the national index of 100.
Compared to Texas, Waxahachie has a cost of living index that's 1.2x higher than Texas's index of 92.
The standard of living in Waxahachie ranks as #300 most affordable out of the 414 places we measured in Texas. By definition, that implies Waxahachie ranks as the #114 most expensive place in the Lone Star State.
For more reading on life in Waxahachie, check out:
Six factors go into calculating the cost of living index in Waxahachie. Here is how it fairs on each of the criteria:
The Services index in Waxahachie is 108.
The Groceries index in Waxahachie is 101.
The Health index in Waxahachie is 106.
The Housing index in Waxahachie is 112.
The Transportation index in Waxahachie is 89.
The Utilities index in Waxahachie is 111.
| Living Expense | Waxahachie | Texas | National Average | |
|---|---|---|---|---|
| Overall | 108 | 92 | 100 | |
| Services | 108 | 97 | 100 | |
| Groceries | 101 | 97 | 100 | |
| Health | 106 | 93 | 100 | |
| Housing | 112 | 82 | 100 | |
| Transportation | 89 | 94 | 100 | |
| Utilities | 111 | 104 | 100 | |
Housing swings affordability the most between places in Texas, so we broke down housing costs into more detail. Home and income data comes from the most recent US Census ACS 2019-2023. The key points are:
The Median Home Value in Waxahachie is $365,887.
The Median Rent in Waxahachie is $1,495.
The Median Income in Waxahachie is $82,449.
The Home Value To Income in Waxahachie is 4.4x.
The Rent To Monthly Income in Waxahachie is 0.22x.
| Statistic | Waxahachie | Texas | United States |
|---|---|---|---|
| Median Home Value | $365,887 | $298,905 | $303,400 |
| Median Rent | $1,495 | $1,339 | $1,348 |
| Median Income | $82,449 | $76,292 | $78,538 |
| Home Value To Income | 4.4x | 3.9x | 3.9x |
| Rent To Monthly Income | 0.22x | 0.21x | 0.21x |
| Item | Waxahachie | Texas |
|---|---|---|
| Shampoo | $1.3 | $1.28 |
| Movie | $14.6 | $12.13 |
| Bowling | $24.53 | $18 |
| Haircut | $33.29 | $24.26 |
| Beauty Salon | $65.85 | $45.56 |
| Item | Waxahachie | Texas |
|---|---|---|
| Ground Beef | $5.23 | $5.84 |
| Fried Chicken | $1.74 | $1.57 |
| Milk | $4.65 | $4.67 |
| Potatoes | $4.93 | $4.93 |
| Pizza | $11.3 | $12.09 |
| Beer | $10.93 | $10.41 |
| Toothpaste | $3.57 | $3.7 |
| Item | Waxahachie | Texas |
|---|---|---|
| Optometrist | $143.73 | $125.68 |
| Doctor | $140.69 | $135.78 |
| Dentist | $130.53 | $113.29 |
| Item | Waxahachie | Texas |
|---|---|---|
| Gasoline | $3.09 | $3.46 |
| Tire Balancing | $52.04 | $59.92 |
| Item | Waxahachie | Texas |
|---|---|---|
| All Electricity | $219.02 | $193.99 |
| Phone | $208.71 | $192.25 |
The cost of living varies in the cities and towns around Waxahachie. Here's a quick look at the cost of living in the most populous nearby places:
Mansfield, TX has a cost of living index of 119, 1.1x Waxahachie.
DeSoto, TX has a cost of living index of 105, 1.0x Waxahachie.
Cedar Hill, TX has a cost of living index of 107, 1.0x Waxahachie.
| City | Population | Cost Of Living | Vs. Waxahachie |
|---|---|---|---|
| Mansfield, TX | 75,398 | 119 | 1.1x |
| DeSoto, TX | 55,896 | 105 | 1.0x |
| Cedar Hill, TX | 48,547 | 107 | 1.0x |
| Lancaster, TX | 40,753 | 102 | 0.9x |
| Duncanville, TX | 39,879 | 101 | 0.9x |
| Midlothian, TX | 37,256 | 114 | 1.1x |
| Ennis, TX | 21,546 | 95 | 0.9x |
| Glenn Heights, TX | 17,175 | 105 | 1.0x |
| Red Oak, TX | 15,909 | 111 | 1.0x |