City Comparison

Durham vs Waco

Cost of Living Comparison · 2026

Durham

North Carolina
101
Average
$340,000
Median Home
$1,400/mo
Median Rent
$57,738
Median Income

Waco

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

The Verdict

21.7%

Living in Waco costs 21.7% less than Durham. To match the purchasing power of a $75,000 salary in Durham, you would need $61,634 in Waco.

Category-by-Category Breakdown

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

Housing
104
Durham
63
Waco
Groceries
100
Durham
95
Waco
Utilities
93
Durham
97
Waco
Transportation
100
Durham
89
Waco
Healthcare
108
Durham
93
Waco

Salary Equivalence

A $75,000 salary in Durham has the same purchasing power as $61,634 in Waco.

Conversely, $75,000 in Waco equals $91,265 in Durham.

Living in Durham vs Waco

Housing Costs

Durham's housing index of 104 is higher Waco's 63, translating to median home prices of $340,000 vs $230,000. The $110,000 difference in home prices means roughly $7,152 per year in additional mortgage costs at current rates. Renters face a similar gap: $1,400/mo in Durham compared to $1,050/mo in Waco, a monthly difference of $350.

Grocery & Food Costs

Grocery expenses index at 100 in Durham and 95 in Waco. A household spending the national average of $475/month on groceries would pay approximately $475/month in Durham 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 93 in Durham and 97 in Waco. Monthly utility bills average approximately $372 in Durham vs $388 in Waco. Utility costs are relatively comparable between these two cities.

Healthcare

Healthcare costs index at 108 in Durham and 93 in Waco. This encompasses insurance premiums, doctor visit copays, dental care, and prescription costs. The 15-point gap reflects real differences in provider costs, insurance market competition, and regional healthcare infrastructure.

Income & Purchasing Power

Median household income is $57,738 in Durham and $49,500 in Waco. After adjusting for local costs, purchasing-power-equivalent incomes are approximately $57,166 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 $1,347/month to housing in Durham vs $1,155/month in Waco. In Durham, median rent of $1,400/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 41 index points — focus your budget analysis there.

Frequently Asked Questions

Waco is 21.7% more affordable overall with an index of 83 vs 101.
A $75,000 salary in Durham has equivalent purchasing power to approximately $61,634 in Waco, based on the cost of living difference.
Durham's housing index is 104 with median homes at $340,000, while Waco's is 63 with median homes at $230,000.

Moving & Relocation Resources

Moving PlannersFinance BooksBudget Planners

As an Amazon Associate we earn from qualifying purchases