| Index | Waxahachie | Texas | National |
| Cost of living | 103 | 94 | 100 |
| Groceries | 97 | 98 | 100 |
| Health care | 100 | 98 | 100 |
| Housing | 113 | 83 | 100 |
| Transportation | 98 | 98 | 100 |
| Utilities | 103 | 103 | 100 |
| Lifestyle & Entertainment | 96 | 98 | 100 |
| Household Items | 97 | 98 | 100 |
| Education & Childcare | 98 | 98 | 100 |
Knowing the cost of living in Waxahachie allows individuals to create a realistic budget. This helps them understand how their income will cover expenses and whether they need to make financial adjustments. The cost of living in any region can fluctuate due to various factors. To assess the cost of living consistently across different areas, a national average of 100 serves as the basis for the cost of living index. The cost of living in Waxahachie stands at 103, marking it 3% higher than the national average.
The cost of living in Waxahachie aligns closely with the national average when compared to other cities across the nation. Everyday essentials such as groceries, household expenses, health care and utility bills are priced at a level consistent with the average in similar urban areas. Waxahachie residents can anticipate that their daily expenses won't be significantly higher than those in an average city, ensuring that the cost of living remains manageable.
The real experts on a city are its residents. That's why we reached out to 23 locals to get their views on the cost of living in Waxahachie. We surveyed the residents and asked them if they felt like prices were affordable or out of reach. The results were as follows. 35% found it budget-friendly with decreasing prices, while 65% said it's simply not affordable as prices have continued to rise.
Wondering if Waxahachie is affordable? It's a question that often comes up when you're thinking about a new city since affordability can really shape your decisions. The cost of living index (covered earlier), housing expenses and income levels all play a part in the affordability equation. In Waxahachie, for example, the median home price is 10.1% higher than what folks pay nationally, and monthly rent is 19% higher than the usual rates. Plus, income levels matter too, with Waxahachie boasting a median household income of $100,984, which is 24.2% higher than the national average.
Subsidies: Certain regions may provide government subsidies or assistance initiatives designed to alleviate the cost of living burden on their residents. These programs encompass a wide range of support mechanisms, such as Medicare, Medicaid, housing subsidies, low-income home energy assistance programs, school lunch programs, supplemental nutrition assistance programs, student loans, electric vehicle tax credits, affordable care act subsidies and farming subsidies. Areas with fewer subsidy offerings might experience an elevation in their cost of living.
Urbanization: Larger, urban areas boasting abundant amenities and robust employment prospects often exhibit a heightened cost of living, driven by the increased demand for services and residential relocation. Consequently, this leads to elevated home prices and higher rental rates. In contrast, sparsely populated rural locales or regions marked by diminished demand typically offer a more limited range of amenities and experience slower job market expansion. This translates into a more affordable cost of living.
Groceries: The costs associated with groceries have witnessed substantial increases over the past 2-3 years. In select markets, food prices have escalated by more than 20% during this timeframe, whereas others have seen more restrained upticks. The variances in food expenses can exert a considerable influence on the overall cost of living in a given locale. In Waxahachie, the groceries index is 3.5% lower than the national average.
The Waxahachie cost of living estimates above use a normalized U.S. average of 100 as the baseline for comparison. Housing values incorporate local home price and rental information from the U.S. Census, while all other estimates are AI-assisted and modeled using expected everyday expenses, local market trends, climate, and transportation-related cost pressures. The results are intended for practical city-to-city comparisons.
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| Groceries index | |
| Health care index | |
| Housing index | |
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| Utilities index | |
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| Household index | |
| Educare index |
| Median Income | Per Year | Per Month | Max Budget (28% DTI) | Max Budget (36% DTI) |
| Owners | $129,869 | $10,822 | $3,030 | $3,896 |
| Renters | $76,699 | $6,392 | $1,790 | $2,301 |
| State | General Sales Tax | With Max Surtax |
| Texas | 6.25% | 8.25% |
| State | Income Tax (Low) | Income Tax (High) |
| Texas | 0% | 0% |
| City | Population | Cost of Living Index | National Avg. |
| Wilmer, TX | 4,836 | 86 | 13.7% |
| Garrett, TX | 954 | 86 | 13.7% |
| Bardwell, TX | 673 | 88 | 12.4% |
| Italy, TX | 2,345 | 89 | 11.2% |
| Palmer, TX | 2,594 | 92 | 7.5% |
| Waxahachie, TX | 38,021 | 103 | 2.6% |
| City | Population | Cost of Living Index | National Avg. |
| Lake Worth, FL | 38,026 | 100 | 0.2% |
| Lima, OH | 38,026 | 82 | 18.4% |
| Winter Springs, FL | 38,040 | 116 | 16.1% |
| San Juan, TX | 37,995 | 87 | 13.3% |
| Greenfield, WI | 38,049 | 99 | 0.9% |
| Waxahachie, TX | 38,021 | 103 | 2.6% |
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