76798 Waco, TX is an affordable place to live with a two bedroom rent of $1,000 compared to the US average of $1,430. This low cost of living is also supported by the Grocery Cost Index in Waco which is 93 versus 100 in the US. With this low cost of living and great selection of local businesses in Waco, it's no wonder so many people choose to live here. Some popular local companies in Waco are Herring Bank, who offer a wide range of banking services including loans and mortgages; Mama Fu’s Asian House, a restaurant offering delicious Asian cuisine; and Texas Woods & Water Sports providing outdoor recreational experiences such as kayaking and fishing trips in Lake Waco.