Cost of Living: Jackson, TN 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 Jackson, TN versus $4,516/mo in Waco, TX. In the model, rent is about 15.94% of gross in Jackson, TN versus 15.99% in Waco, TX, so Jackson, TN tends to feel more affordable for rent.
Compare cost of living, rent, housing prices, and salary affordability between Jackson, TN and Waco, TX.
At a glance
- Cheaper overall (lower cost-of-living index): Waco, TX
- Lower rent (median 1BR/2BR): Jackson, TN
- Lower home prices: Jackson, TN
- Higher median household income: Jackson, TN
Cost of Living Index
Jackson, TN: 100 (U.S. = 100) · Waco, TX: 100 (U.S. = 100)
Both cities have the same cost-of-living index (U.S. average = 100).
Median Rent
Jackson, TN: $1,040/mo (midpoint of 1BR/2BR) · Waco, TX: $1,043/mo
Median rent in Waco, TX is $3/mo higher than in Jackson, TN.
Median Home Price
Jackson, TN: $195,000 · Waco, TX: $199,600
Median home price in Waco, TX is $4,600 higher than in Jackson, TN.
Median Household Income
Jackson, TN: $51,552 · Waco, TX: $51,468
Jackson, TN has a higher median household income than Waco, TX by $84.
Jackson, TN overview · Waco, TX overview · Popular comparisons