Moving from Waco to Salem (2026)

Salem has a COL index of 97 vs 83 for Waco (100 = US average). Expect to pay about 17% more for the same lifestyle.

Pay ~$470 more/mo
on core expenses · $75K salary baseline

Key differences

COL index
8397
100 = US avg
1BR rent
$1,000$1,450
per month
State tax
None9.9%
income tax
Take-home at $75K
$4,741$4,122
per month

Salary needed in Salem to match your Waco lifestyle

Based on the 17% cost of living increase between the two cities.

Your salary in WacoEquivalent in Salem
$40K$46,747
$50K$58,434
$60K$70,120
$75K$87,651
$80K$93,494
$100K$116,867
$120K$140,241
$150K$175,301

Monthly budget at $75K — Waco vs Salem

ExpenseWacoSalem
Monthly take-home$4,741$4,122
1BR rent$1,000$1,450
Groceries$350$380
Transport$38$72
Utilities$172$125
Internet$60$63
Left after essentials$3,121$2,032

Frequently asked questions

Is Salem cheaper than Waco?

No. Salem has a cost of living index of 97 vs 83 for Waco (100 = US average). That's about 17% more expensive.

How much will I save moving from Waco to Salem?

On a $75K salary, core expenses in Salem run about $470/month more than Waco. Factor this into your salary negotiation when relocating.

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

To maintain the same purchasing power as $75,000 in Waco, you'd need roughly $87,651/year in Salem. This is based on the overall COL index difference between the two cities.

Estimates based on Q1 2026 COL index and market data. Budget uses simplified federal/state tax rates at $75K. Zillow · BLS · Numbeo · For general guidance only