Moving from Waco to Melbourne (2026)

Melbourne has a COL index of 110 vs 83 for Waco (100 = US average). Expect to pay about 33% more for the same lifestyle.

Pay ~$3,412 more/mo
on rent + taxes ยท $75K salary baseline

Change cities

Key differences

COL index
83 โ†’ 110
100 = US avg
1BR rent
$1,000 โ†’ $1,600
per month
State tax
None โ†’ 45%
income tax
COL difference
83 โ†’ 110
33% more expensive

Salary needed in Melbourne to match your Waco lifestyle

Based on the 33% cost of living increase between the two cities.

Your salary in WacoEquivalent in Melbourne
$40K$53,012
$50K$66,265
$60K$79,518
$75K$99,398
$80K$106,024
$100K$132,530
$120K$159,036
$150K$198,795

๐Ÿ’ต Household income (before tax)

$75K
$
$30K$300K
Pay ~$702/mo moreon core expenses at $75K

Monthly budget at $75K โ€” Waco vs Melbourne

ExpenseWacoMelbourne
Monthly take-home$4,741$3,000
1BR rent$1,000$1,600
Groceries$350$380
Transport$38$150
Utilities$172$130
Internet$60$62
Left after essentials$3,121$678

Frequently asked questions

Is Melbourne cheaper than Waco?

No. Melbourne has a cost of living index of 110 vs 83 for Waco (100 = US average). That's about 33% more expensive.

How much will I save moving from Waco to Melbourne?

On a $75K salary, core expenses in Melbourne run about $3,412/month more than Waco. Factor this into your salary negotiation when relocating.

What salary do I need in Melbourne to match my Waco lifestyle?

To maintain the same purchasing power as $75,000 in Waco, you'd need roughly $99,398/year in Melbourne. This is based on the overall COL index difference.

Estimates based on Q1 2026 COL index and market data. Budget uses simplified federal/state tax rates. Zillow ยท BLS ยท Numbeo ยท For general guidance only