City Comparison

Boulder vs Waco

Cost of Living Comparison · 2026

Boulder

Colorado
148
Expensive
$750,000
Median Home
$2,300/mo
Median Rent
$73,123
Median Income

Waco

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

The Verdict

78.3%

Living in Waco costs 78.3% less than Boulder. To match the purchasing power of a $75,000 salary in Boulder, you would need $42,061 in Waco.

Category-by-Category Breakdown

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

Housing
230
Boulder
63
Waco
Groceries
107
Boulder
95
Waco
Utilities
94
Boulder
97
Waco
Transportation
103
Boulder
89
Waco
Healthcare
104
Boulder
93
Waco

Salary Equivalence

A $75,000 salary in Boulder has the same purchasing power as $42,061 in Waco.

Conversely, $75,000 in Waco equals $133,735 in Boulder.

Living in Boulder vs Waco

Housing Costs

Boulder's housing index of 230 is higher Waco's 63, translating to median home prices of $750,000 vs $230,000. The $520,000 difference in home prices means roughly $33,804 per year in additional mortgage costs at current rates. Renters face a similar gap: $2,300/mo in Boulder compared to $1,050/mo in Waco, a monthly difference of $1,250.

Grocery & Food Costs

Grocery expenses index at 107 in Boulder and 95 in Waco. A household spending the national average of $475/month on groceries would pay approximately $508/month in Boulder vs $451/month in Waco. Waco offers a meaningful advantage on everyday food costs, saving roughly $684/year.

Utility Expenses

Utility costs — electricity, gas, water, internet — index at 94 in Boulder and 97 in Waco. Monthly utility bills average approximately $376 in Boulder vs $388 in Waco. Utility costs are relatively comparable between these two cities.

Healthcare

Healthcare costs index at 104 in Boulder and 93 in Waco. This encompasses insurance premiums, doctor visit copays, dental care, and prescription costs. The 11-point gap reflects real differences in provider costs, insurance market competition, and regional healthcare infrastructure.

Income & Purchasing Power

Median household income is $73,123 in Boulder and $49,500 in Waco. After adjusting for local costs, purchasing-power-equivalent incomes are approximately $49,407 and $59,639 respectively. Waco residents come out ahead in real purchasing power.

Relocation Considerations

Under the standard 28% rule, a median-income household can allocate $1,706/month to housing in Boulder vs $1,155/month in Waco. In Boulder, median rent of $2,300/mo exceeds this threshold, suggesting renters may feel stretched. 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 167 index points — focus your budget analysis there.

Frequently Asked Questions

Waco is 78.3% more affordable overall with an index of 83 vs 148.
A $75,000 salary in Boulder has equivalent purchasing power to approximately $42,061 in Waco, based on the cost of living difference.
Boulder's housing index is 230 with median homes at $750,000, while Waco's is 63 with median homes at $230,000.

Moving & Relocation Resources

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