Cost of Living: Waco, TX vs Philadelphia, PA
Quick rent-and-take-home comparison
Using a baseline of $70,000/yr gross, take-home is about $4,516/mo in Waco, TX versus $4,337/mo in Philadelphia, PA. In the model, rent is about 15.99% of gross in Waco, TX versus 19.29% in Philadelphia, PA, so Waco, TX tends to feel more affordable for rent.
Compare cost of living, rent, housing prices, and salary affordability between Waco, TX and Philadelphia, PA.
At a glance
- Cheaper overall (lower cost-of-living index): Philadelphia, PA
- Lower rent (median 1BR/2BR): Waco, TX
- Lower home prices: Waco, TX
- Higher median household income: Philadelphia, PA
Cost of Living Index
Waco, TX: 100 (U.S. = 100) · Philadelphia, PA: 95.2 (U.S. = 100)
Philadelphia, PA has a lower cost-of-living index than Waco, TX, so a given salary generally stretches further there.
Median Rent
Waco, TX: $1,043/mo (midpoint of 1BR/2BR) · Philadelphia, PA: $1,257/mo
Median rent in Philadelphia, PA is $214/mo higher than in Waco, TX.
Median Home Price
Waco, TX: $199,600 · Philadelphia, PA: $232,400
Median home price in Philadelphia, PA is $32,800 higher than in Waco, TX.
Median Household Income
Waco, TX: $51,468 · Philadelphia, PA: $60,698
Philadelphia, PA has a higher median household income than Waco, TX by $9,230.
Waco, TX overview · Philadelphia, PA overview · Popular comparisons