Waco is 39% cheaper than Lowell.
When comparing Waco, TX and Lowell, MA, the overall cost of living indices are 72 and 119 respectively (national median = 100). Rent is $505/month cheaper in Waco, saving renters about $6,060/year.
Median household income is $24,737/year higher in Lowell. Home values also differ significantly — the median in Waco is $199,600 compared to $395,100 in Lowell.
Texas has no state income tax, giving Waco residents a significant tax advantage over Massachusetts's 9.0% rate.
Waco vs Lowell — common questions
Other cost of living comparisons for Waco and Lowell