Waco, MO Cost of Living


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Waco cost of living score
77.3
Less expensive
22.7% lower
than the US average
9.7% lower
than the Missouri average
Waco, Missouri gets a BestPlaces Cost of Living score of 77.3, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 22.7% lower than the U.S. average and 9.7% higher than the average for Missouri.

Waco, MO

Housing costs in Waco?
A typical home costs $118,900, which is 64.8% less expensive than the national average of $338,100 and 44.0% less expensive than the average Missouri home, at $212,300. Renting a two-bedroom unit in Waco costs $1,030 per month, which is 28.0% cheaper than the national average of $1,430 and 7.8% more than the state average of $950.

Can I afford Waco?
To live comfortably in Waco, Missouri, a minimum annual income of $22,680 for a family, and $34,400 for a single person is recommended.

What does A.I. say about Waco?
The cost of living in Waco, MO is relatively affordable compared to other cities. The median home price in 2017 was $134,800 and the median monthly rent was $816. The overall cost index score for Waco is 80.3, which is lower than the national average of 100. Groceries, utilities, and transportation are also quite affordable in Waco with the food index being 96.1 and the utility index being 91.4. Overall, living in Waco is a great way to save money while enjoying all that this wonderful city has to offer.
   Cost of living score
     CategoriesWacoMissouriUnited States
  77.385.6100.0
  95.294.9100
  104.5104.3100.0
  39.866.5100.0
  $118,900$212,300$338,100
  104.4%98.5%100.0%
  75.586.2100.0
  69.985.6100.0

   100=National Average

   Average Rent by Bedroom Size
Crime
Compare Waco, MO cost of living
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