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Cost of living in Waco, TX

Livability score 73 · cost-of-living index 91.1 (US = 100)

Waco, TX
Photo: No machine-readable author provided. Billy Hathorn assumed (based on copyright claims). via Commons · CC BY-SA 3.0

How Waco compares

Where Waco falls within the range of all 200 metros (marker = this city).

Cost-of-living index (US=100) 85 118 Cost-of-living index (US=100): 91 — range 85 to 118 across all metros 91 Median home price $149k $1610k Median home price: $257k — range $149k to $1610k across all metros $257k Price per sqft (more house = lower) $88 $1074 Price per sqft (more house = lower): $122 — range $88 to $1074 across all metros $122 Combined sales tax 0.0% 11.5% Combined sales tax: 8.2% — range 0.0% to 11.5% across all metros 8.2% Property tax rate 0.28% 2.76% Property tax rate: 1.53% — range 0.28% to 2.76% across all metros 1.53% Violent crime (per 100k, state avg) 110 1,000 Violent crime (per 100k, state avg): 430 — range 110 to 1,000 across all metros 430 Electricity (¢/kWh) 12.3 46.6 Electricity (¢/kWh): 17.0 — range 12.3 to 46.6 across all metros 17.0 Avg summer high (°F) 65° 104° Avg summer high (°F): 96° — range 65° to 104° across all metros 96° Avg winter low (°F) -2° 72° Avg winter low (°F): 38° — range -2° to 72° across all metros 38°

Map of Waco

Grocery stores, parks, golf courses and more — real listings. Toggle categories in the legend.

Map data © OpenStreetMap contributors · business listings via Google Maps

Cost of living

MetricValueScopeUS rank
Cost-of-living index (US=100) 91.1 metro-area #40 of 200
Grocery index (US=100) 92.9 metro-area #1 of 200
Big Mac price (est.) $5.19 metro-area #40 of 200
Median household income $59,193 metro-area #177 of 200
Median wage (all occupations) $33,336 metro-area #189 of 200

Who lives here

MetricValueScopeUS rank
Median age 35.0 years metro-area #29 of 200
Bachelor's degree or higher (25+) 26.4% metro-area #166 of 200
Foreign-born residents 8.2% metro-area #102 of 200
Homes that are owner-occupied 63.1% metro-area #141 of 200

Economy

MetricValueScopeUS rank
Unemployment rate 4.56% metro-area #56 of 200
Population growth (5-yr) +5.7% metro-area #66 of 200

Housing — what your money buys

MetricValueScopeUS rank
Median home price $256,772 metro-area #49 of 200
Home price ÷ income (affordability) 4.3× metro-area #71 of 200
1-yr home appreciation -0.8% metro-area #151 of 200
Price per square foot $122 metro-area #29 of 200
Typical home size (implied) 2,100 sqft
Median rent (monthly) $1,404 metro-area #54 of 200
Homes for sale (inventory) 1,582
Median days on market 32 metro-area #159 of 200

Taxes

MetricValueScopeUS rank
Total tax burden (est. % of income) 8.6% state #9 of 200
Combined sales tax 8.20% state #116 of 200
State income tax (top rate) None
Capital gains tax None state #1 of 200
High earners No special surtax
Social Security in retirement Not taxed — has no state income tax, so Social Security is untaxed along with everything else
Effective property tax rate 1.53% metro-area #148 of 200
Median property tax paid $2,909 metro-area #118 of 200

Health & childcare

MetricValueScopeUS rank
Life expectancy at birth 75.1 years metro-area #148 of 200
Healthcare (annual, single adult) $6,800 state #93 of 200
Uninsured (share of residents) 18.6% metro-area #190 of 200
Primary care providers per 100k 71 metro-area #118 of 200
Childcare (annual, infant, center) $9,500 state #37 of 200

Vehicles & commute

MetricValueScopeUS rank
Annual registration $75 state #46 of 200
Vehicle property tax (annual) None state #1 of 200
Emissions testing Required
Emissions detail Required in major metro counties (Travis, Harris, Dallas, Tarrant, etc.)
DMV & license offices 6
Avg commute to work 21 min metro-area #21 of 200
Commute by driving alone 79.1% metro-area #163 of 200
Solo drivers commuting 30+ min 22.4% metro-area #24 of 200

Utilities & fuel

MetricValueScopeUS rank
Electricity 17.0¢/kWh state #90 of 200
Avg monthly electric bill $153 state #90 of 200
Gasoline $3.00/gal state #24 of 200
Natural gas (avg monthly bill) $52 state #23 of 200
Water & sewer (avg monthly bill) $134 state #142 of 200
Home internet (avg monthly bill) $83 state #135 of 200

Insurance

MetricValueScopeUS rank
Home insurance (annual) $3,600 state #164 of 200
Auto insurance (annual) $2,100 state #126 of 200

Disaster risk & supplemental insurance

MetricValueScopeUS rank
Main natural hazards Notable hazards: hurricanes, flooding, tornadoes, wildfire — separate flood/quake/windstorm policies may be needed.
FEMA National Risk Index (0–100, higher = more risk) 84.1 — Relatively Moderate metro-area #58 of 200
Flood insurance (annual, NFIP) $900 state #152 of 200
Earthquake insurance (annual) $100 state #1 of 200

Climate & air quality

MetricValueScopeUS rank
Air quality (median AQI, lower=cleaner) 53 metro-area #157 of 200
Cooling degree-days (AC load) 3,000 metro-area #162 of 200
Homes with air conditioning (state) 95% state #27 of 200
Heating degree-days (heat load) 1,800 metro-area #27 of 200
Days per year ≥ 90°F 104 metro-area #187 of 200
Days per year ≥ 100°F 17 metro-area #190 of 200
Avg summer high (state) 96°F metro-area #181 of 200
Avg winter low 38°F metro-area #46 of 200
Annual precipitation 36.4" metro-area #68 of 200
Annual snowfall 1.0" metro-area #57 of 200
Sunshine (% of possible) 64% metro-area #59 of 200
Plant hardiness zone 8b
Frost window 02-25 → 12-01

Safety

MetricValueScopeUS rank
Violent crime (per 100k, state avg) 430 state #111 of 200
Property crime (per 100k, state avg) 2,400 state #131 of 200

Local amenities & recreation

MetricValueScopeUS rank
Grocery stores 17 metro-area #186 of 200
Parks 22
Hiking areas 6
Golf courses 14
Shooting ranges 4
Lakes 16

Permits

MetricValueScopeUS rank
Building permit difficulty (1–5) 2 state #1 of 200
Permit detail Generally easy; rural areas minimal, major cities moderate

US rank = this metro's position among all 200 metros (1 = best: cheapest / safest / highest income, etc.). Childcare is a family cost, not included in the salary-equivalence total.

Top employers in Waco

Major public and private employers in the Waco, TX area.

EmployerSectorJobs
H-E-B Stores Retail Careers →
McLennan Community College Education Careers →
Cargill Meat Solutions Manufacturing Careers →
L-3 Integrated Systems Aerospace/Defense Search →
Veterans Administration Medical Center Government Careers →

Salaries by occupation in Waco

Local median pay, BLS OEWS. All occupations →

OccupationMedian pay
Dentists $204,330
Pharmacists $138,950
Lawyers $129,310
Physician Assistants $123,330
Financial Managers $118,780
Software Developers $117,980
Human Resources Managers $112,660
Marketing Managers $108,400
Physical Therapists $103,480
Mechanical Engineers $96,630
Data Scientists $90,980
Construction Managers $85,850
Dental Hygienists $82,620
General & Operations Managers $81,420
Registered Nurses $79,740
Police & Sheriff's Patrol Officers $76,110
Accountants & Auditors $72,040
Web Developers $71,760
Civil Engineers $70,260
Plumbers, Pipefitters & Steamfitters $54,870
Elementary School Teachers $54,530
Real Estate Sales Agents $49,090
Heavy & Tractor-Trailer Truck Drivers $47,190
Electricians $46,780
Graphic Designers $46,760
Welders, Cutters & Solderers $45,440
Carpenters $44,000
Medical Assistants $36,440

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