Cost of Living: Houston, TX vs Waco, TX
Quick rent-and-take-home comparison
Using a baseline of $70,000/yr gross, take-home is about $4,516/mo in Houston, TX versus $4,516/mo in Waco, TX. In the model, rent is about 19.13% of gross in Houston, TX versus 15.99% in Waco, TX, so Waco, TX tends to feel more affordable for rent.
Compare cost of living, rent, housing prices, and salary affordability between Houston, TX and Waco, TX.
At a glance
- Cheaper overall (lower cost-of-living index): Houston, TX
- Lower rent (median 1BR/2BR): Waco, TX
- Lower home prices: Waco, TX
- Higher median household income: Houston, TX
Cost of Living Index
Houston, TX: 92.1 (U.S. = 100) · Waco, TX: 100 (U.S. = 100)
Houston, TX has a lower cost-of-living index than Waco, TX, so a given salary generally stretches further there.
Median Rent
Houston, TX: $1,248/mo (midpoint of 1BR/2BR) · Waco, TX: $1,043/mo
Median rent in Houston, TX is $205/mo higher than in Waco, TX.
Median Home Price
Houston, TX: $253,400 · Waco, TX: $199,600
Median home price in Houston, TX is $53,800 higher than in Waco, TX.
Median Household Income
Houston, TX: $62,894 · Waco, TX: $51,468
Houston, TX has a higher median household income than Waco, TX by $11,426.
Houston, TX overview · Waco, TX overview · Popular comparisons