Chicago, IL vs Waco, TX
Moving from Chicago to Waco? Here's what changes — from your equivalent salary to housing ($353,998 → $256,772 median home) and taxes.
Chicago vs Waco at a glance
Bars scaled to the range across all 200 metros; labels show actual values.
To keep the same standard of living as $100,000 in Chicago, IL, you'd need about $88,924 in Waco, TX (−$11,076).
Livability — Chicago, IL: 63 · Waco, TX: 73 (0–100).
What your home budget buys
A $500,000 home budget gets you about 2,402 sqft in Chicago vs 4,088 sqft in Waco ($208 vs $122 per sqft).
Annual cost breakdown (at $100,000)
| Category | Chicago, IL | Waco, TX | Difference |
|---|---|---|---|
| Housing | $27,192 | $16,848 | −$10,344 |
| Groceries | $5,215 | $4,647 | −$569 |
| Transportation | $3,550 | $3,675 | +$125 |
| Utilities | $2,208 | $1,836 | −$372 |
| Insurance | $1,900 | $3,600 | +$1,700 |
| Taxes | $14,141 | $5,779 | −$8,362 |
| Total | $54,206 | $36,385 | −$17,822 |
Side by side
| Metric | Chicago, IL | Waco, TX |
|---|---|---|
| Cost-of-living index | 102.5 | 91.1 |
| Unemployment rate | 6.19% | 4.56% |
| Population growth (5-yr) | 0.2% | 5.7% |
| Air quality (median AQI) | 42 | 42 |
| Big Mac price (est.) | $5.83 | $5.19 |
| Median home price | $353,998 | $256,772 |
| Home price ÷ income | 4.2× | 4.3× |
| 1-yr home appreciation | 4.4% | -0.8% |
| Price per square foot | $208 | $122 |
| Median rent | $2,266 | $1,404 |
| Total tax burden (% income) | 12.9% | 8.6% |
| Combined sales tax | 8.86% | 8.20% |
| Capital gains tax | 4.95% | None |
| Property tax rate | 2.11% | 1.53% |
| Healthcare (annual) | $6,800 | $6,800 |
| Childcare (annual, infant) | $14,000 | $9,500 |
| Vehicle property tax | None | None |
| Avg commute (min) | 31 | 21 |
| Home insurance / yr | $1,900 | $3,600 |
| Auto insurance / yr | $1,600 | $2,100 |
| Flood insurance / yr | $700 | $900 |
| Earthquake insurance / yr | $300 | $100 |
| Electricity ¢/kWh | 20.5 | 17.0 |
| Gas $/gal | 3.60 | 3.00 |
| Natural gas / mo | $82 | $52 |
| Water & sewer / mo | $57 | $134 |
| Home internet / mo | $77 | $83 |
| Violent crime /100k | 430 | 430 |
| Avg summer high °F | 85 | 96 |
| Avg winter low °F | 15 | 38 |
| Annual precipitation (in) | 40.9 | 36.4 |
| Annual snowfall (in) | 38.8 | 1.0 |
| Sunshine (% possible) | 54% | 64% |
| Permit difficulty (1–5) | 4 | 2 |
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