Cost of Living / Waco, TX Metro
Cost of Living in Waco, TX Metro
Official metro name: Waco, TX Metro Area
Waco, TX Metro has a population of 278,103. Median household income is $59,193 and median rent is $1,042 per month. Rent is roughly 21.1% of median monthly income.
State: TXPopulation: 278,103Income: $59,193Rent: $1,042Affordability: Affordable (21.1%)
Median Household Income
$59,193
Annual (ACS median)
Median Rent
$1,042
Monthly (ACS median gross rent)
Rent as % of Income
21.1%
rent ÷ (income/12)
Cost Index
79
Simplified relative index
Is Waco, TX Metro expensive?
Based on median rent and income, Waco, TX Metro has a Affordable rent burden. Median rent is $1,042, which is about 21.1% of median monthly household income.
Average rent in Waco, TX Metro
Median rent (ACS) is $1,042 per month. (Neighborhoods vary widely.)
How much income do you need in Waco, TX Metro?
Median household income (ACS) is $59,193 per year. Housing costs take a bigger share of income when rent burden is high.
Other metros in TX
Compare Waco, TX Metro with nearby metros:
- Waco, TX Metro vs Dallas, TX Metro
- Waco, TX Metro vs Houston, TX Metro
- Waco, TX Metro vs San Antonio–New Braunfels, TX Metro
- Waco, TX Metro vs Austin, TX Metro
- Waco, TX Metro vs McAllen, TX Metro
- Waco, TX Metro vs El Paso, TX Metro
- Waco, TX Metro vs Killeen–Temple, TX Metro
- Waco, TX Metro vs Corpus Christi, TX Metro
- Waco, TX Metro vs Brownsville–Harlingen, TX Metro
- Waco, TX Metro vs Beaumont–Port Arthur, TX Metro
- Waco, TX Metro vs Lubbock, TX Metro
- Waco, TX Metro vs Longview, TX Metro
Data sources
- US Census Bureau American Community Survey (ACS).
- Affordability metric: median rent ÷ (median household income / 12).
- Figures are metro-level medians; local variation is expected.