Cost of Living in Waco, Texas (2026)
COL Index
83
100 = US avg
1BR Rent
$1,000
per month
Median HHI
$48K
per year
State Tax
None
income tax
Full cost breakdown
| Category | Waco |
|---|---|
| 🏠 HousingQ1 2026 | |
| Studio rent/mo | $800 |
| 1BR rent/mo | $1,000 |
| 2BR rent/mo | $1,300 |
| Median home price | $210K |
| 🛒 Food & GroceriesQ1 2026 | |
| Groceries index (100 = US avg) | 92 |
| Budget meal (1 person) | $11 |
| Mid-range dinner (2 people) | $46 |
| 🚌 TransportationQ1 2026 | |
| Monthly transit pass/mo | $38 |
| Gas price/gal | $3.00 |
| Car insurance/mo | $162 |
| ⚡ UtilitiesQ1 2026 | |
| Utilities bundle (elec + gas + water)/mo | $172 |
| Internet/mo | $60 |
| 💰 Income & TaxesQ1 2026 | |
| Median household income/yr | $48K |
| State income tax rate | 0.0% |
| Sales tax (combined) | 8.3% |
| 📊 OverviewQ1 2026 | |
| Overall COL index (100 = US avg) | 83 |
| Walk score / 100 | 22 |
Is Waco affordable on your salary?
How rent burden (1BR) changes across income levels. Under 30% is comfortable; above 40% is tight.
$40K
~$2,728/mo take-home
37% rent burden · Tight
$50K
~$3,160/mo take-home
32% rent burden · Manageable
$60K
~$3,793/mo take-home
26% rent burden · Comfortable
$75K
~$4,741/mo take-home
21% rent burden · Very comfortable
$80K
~$5,057/mo take-home
20% rent burden · Very comfortable
$100K
~$6,321/mo take-home
16% rent burden · Very comfortable
$120K
~$7,155/mo take-home
14% rent burden · Very comfortable
$150K
~$8,944/mo take-home
11% rent burden · Very comfortable
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Data: Zillow Observed Rent Index, BLS, Numbeo, Tax Foundation, US Census ACS · Q1 2026 · For general guidance only