City Comparison

Abilene vs Waco

Cost of Living Comparison · 2026

Abilene

Texas
80
Very Affordable
$179,000
Median Home
$950/mo
Median Rent
$62,600
Median Income

Waco

Texas
83
Very Affordable
$230,000
Median Home
$1,050/mo
Median Rent
$49,500
Median Income

The Verdict

3.6%

Abilene is 3.6% less expensive than Waco overall. A household earning $75,000 in Abilene would need approximately $77,813 in Waco to maintain the same standard of living.

Category-by-Category Breakdown

Index values · National average = 100 · Lower is more affordable

Housing
58
Abilene
63
Waco
Groceries
91
Abilene
95
Waco
Utilities
97
Abilene
97
Waco
Transportation
89
Abilene
89
Waco
Healthcare
96
Abilene
93
Waco

Salary Equivalence

A $75,000 salary in Abilene has the same purchasing power as $77,813 in Waco.

Conversely, $75,000 in Waco equals $72,289 in Abilene.

Living in Abilene vs Waco

Housing Costs

Abilene's housing index of 58 is lower Waco's 63, translating to median home prices of $179,000 vs $230,000. The $51,000 difference in home prices means roughly $3,312 per year in additional mortgage costs at current rates. Renters face a similar gap: $950/mo in Abilene compared to $1,050/mo in Waco, a monthly difference of $100.

Grocery & Food Costs

Grocery expenses index at 91 in Abilene and 95 in Waco. A household spending the national average of $475/month on groceries would pay approximately $432/month in Abilene vs $451/month in Waco. The difference in grocery costs between these cities is relatively minor and unlikely to be a deciding factor in relocation.

Utility Expenses

Utility costs — electricity, gas, water, internet — index at 97 in Abilene and 97 in Waco. Monthly utility bills average approximately $388 in Abilene vs $388 in Waco. Utility costs are relatively comparable between these two cities.

Healthcare

Healthcare costs index at 96 in Abilene and 93 in Waco. This encompasses insurance premiums, doctor visit copays, dental care, and prescription costs. Healthcare costs are relatively similar between these two cities, though individual plan costs can still vary.

Income & Purchasing Power

Median household income is $62,600 in Abilene and $49,500 in Waco. After adjusting for local costs, purchasing-power-equivalent incomes are approximately $78,250 and $59,639 respectively. Abilene residents enjoy stronger real purchasing power despite higher nominal wages.

Relocation Considerations

Under the standard 28% rule, a median-income household can allocate $1,461/month to housing in Abilene vs $1,155/month in Waco. In Abilene, median rent of $950/mo fits within this budget. In Waco, median rent of $1,050/mo remains manageable. The biggest category-level difference between these two cities is Housing, where the gap is 5 index points — focus your budget analysis there.

Frequently Asked Questions

Abilene is 3.6% more affordable overall with an index of 80 vs 83.
A $75,000 salary in Abilene has equivalent purchasing power to approximately $77,813 in Waco, based on the cost of living difference.
Abilene's housing index is 58 with median homes at $179,000, while Waco's is 63 with median homes at $230,000.

Moving & Relocation Resources

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