Waco, TX vs Phoenix, AZ
Moving from Waco to Phoenix? Here's what changes — from your equivalent salary to housing ($256,772 → $448,352 median home) and taxes.
Waco vs Phoenix 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 Waco, TX, you'd need about $114,858 in Phoenix, AZ (+$14,858).
Livability — Waco, TX: 73 · Phoenix, AZ: 62 (0–100).
What your home budget buys
A $500,000 home budget gets you about 4,088 sqft in Waco vs 2,063 sqft in Phoenix ($122 vs $242 per sqft).
Annual cost breakdown (at $100,000)
| Category | Waco, TX | Phoenix, AZ | Difference |
|---|---|---|---|
| Housing | $16,848 | $20,904 | +$4,056 |
| Groceries | $4,647 | $4,919 | +$273 |
| Transportation | $3,675 | $3,960 | +$285 |
| Utilities | $1,836 | $1,668 | −$168 |
| Insurance | $3,600 | $1,800 | −$1,800 |
| Taxes | $5,779 | $7,280 | +$1,501 |
| Total | $36,385 | $40,531 | +$4,147 |
Side by side
| Metric | Waco, TX | Phoenix, AZ |
|---|---|---|
| Cost-of-living index | 91.1 | 104.7 |
| Unemployment rate | 4.56% | 4.88% |
| Population growth (5-yr) | 5.7% | 6.7% |
| Air quality (median AQI) | 42 | 42 |
| Big Mac price (est.) | $5.19 | $5.96 |
| Median home price | $256,772 | $448,352 |
| Home price ÷ income | 4.3× | 5.6× |
| 1-yr home appreciation | -0.8% | -1.7% |
| Price per square foot | $122 | $242 |
| Median rent | $1,404 | $1,742 |
| Total tax burden (% income) | 8.6% | 9.5% |
| Combined sales tax | 8.20% | 8.38% |
| Capital gains tax | None | 2.50% |
| Property tax rate | 1.53% | 0.51% |
| Healthcare (annual) | $6,800 | $6,300 |
| Childcare (annual, infant) | $9,500 | $12,500 |
| Vehicle property tax | None | 1.68% |
| Avg commute (min) | 21 | 27 |
| Home insurance / yr | $3,600 | $1,800 |
| Auto insurance / yr | $2,100 | $1,900 |
| Flood insurance / yr | $900 | $550 |
| Earthquake insurance / yr | $100 | $100 |
| Electricity ¢/kWh | 17.0 | 15.5 |
| Gas $/gal | 3.00 | 3.60 |
| Natural gas / mo | $52 | $54 |
| Water & sewer / mo | $134 | $106 |
| Home internet / mo | $83 | $77 |
| Violent crime /100k | 430 | 430 |
| Avg summer high °F | 96 | 104 |
| Avg winter low °F | 38 | 41 |
| Annual precipitation (in) | 36.4 | 7.2 |
| Annual snowfall (in) | 1.0 | 0.0 |
| Sunshine (% possible) | 64% | 85% |
| Permit difficulty (1–5) | 2 | 2 |