Housing costs in Waco?
A typical home costs
$341,400, which is 1.0% more expensive than the national average of
$338,100 and 14.7% more expensive than the average Texas home, at
$297,600. Renting a two-bedroom unit in Waco costs
$1,090 per month, which is 14.8% cheaper than the national average of
$1,280 and 9.2% more than the state average of
$990.
Can I afford Waco?
To live comfortably in Waco (zip 76712), Texas, a minimum annual income of
$65,520 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, TX is relatively low compared to other major cities. The median home value is $124,200 and the median rent price is $849 per month. The cost of groceries and health care are also fairly low, with groceries costing an average of 9.6% less than the national average and health care costs being about 2.7% lower than the national average. Additionally, utilities are affordable with a monthly bill for electricity coming to an estimated $97 per month. All things considered, 76712 Waco, TX is a great place to live on a budget without sacrificing quality of life.