Housing costs in Waco?
A typical home costs
$269,700, which is 20.2% less expensive than the national average of
$338,100 and 9.4% less expensive than the average Texas home, at
$297,600. Renting a two-bedroom unit in Waco costs
$1,000 per month, which is 21.9% cheaper than the national average of
$1,280 and close to the state average of
$990.
Can I afford Waco?
To live comfortably in Waco (zip 76798), Texas, a minimum annual income of
$51,840 for a family, and
$31,600 for a single person is recommended.
What does A.I. say about Waco?
The cost of living in 76798 Waco, TX is quite reasonable compared to other cities. The median home cost is $113,700, which is lower than the national average, and the median rent for a one-bedroom apartment is only $655. Food and transportation costs are also below the national average. With an overall cost of living index score of 92.1, Waco is considered to be very affordable and provides a great quality of life for its residents.