Waco Metro Area, TX Cost of Living


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Waco cost of living score
83
Less expensive
17.0% lower
than the US average
11.9% lower
than the Texas average
Waco Te Metro Area, Texas gets a BestPlaces Cost of Living score of 83, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 17.0% lower than the U.S. average and 11.9% higher than the average for Texas.

Waco Metro Area, TX

Housing costs in Waco?
A typical home costs $237,100, which is 29.9% less expensive than the national average of $338,100 and 20.3% less expensive than the average Texas home, at $297,600. Renting a two-bedroom unit in Waco costs $990 per month, which is 30.8% cheaper than the national average of $1,430 and 29.3% cheaper than the state average of $1,280.

Can I afford Waco?
To live comfortably in Waco Te Metro Area, Texas, a minimum annual income of $45,360 for a family, and $31,200 for a single person is recommended.

What does A.I. say about Waco?
The cost of living in Waco, TX Metro Area is 83, which is below the US average of 100. This suggests that housing and other living expenses such as food and transportation may be lower than other parts of the United States, making it an attractive place to live. The median value of houses in this area is also much lower than the US average at $237,100 compared to $338,100. This makes it a great option for those looking for affordable housing options without sacrificing quality of life.
   Cost of living score
     CategoriesWacoTexasUnited States
  83.094.2100.0
  92.793.7100
  101.0100.0100.0
  68.083.5100.0
  $237,100$297,600$338,100
  97.9%99.2%100.0%
  76.4103.3100.0
  90.283.2100.0

   100=National Average

   Average Rent by Bedroom Size
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