Everett vs Waco
Cost of Living Comparison · 2026
Everett
Waco
The Verdict
Waco is 63.9% less expensive than Everett overall. A household earning $75,000 in Everett would need approximately $45,772 in Waco to maintain the same standard of living.
Category-by-Category Breakdown
Index values · National average = 100 · Lower is more affordable
Salary Equivalence
A $75,000 salary in Everett has the same purchasing power as $45,772 in Waco.
Conversely, $75,000 in Waco equals $122,892 in Everett.
Living in Everett vs Waco
Housing Costs
Everett's housing index of 192 is higher Waco's 63, translating to median home prices of $575,000 vs $230,000. The $345,000 difference in home prices means roughly $22,428 per year in additional mortgage costs at current rates. Renters face a similar gap: $1,800/mo in Everett compared to $1,050/mo in Waco, a monthly difference of $750.
Grocery & Food Costs
Grocery expenses index at 109 in Everett and 95 in Waco. A household spending the national average of $475/month on groceries would pay approximately $518/month in Everett vs $451/month in Waco. Waco offers a meaningful advantage on everyday food costs, saving roughly $804/year.
Utility Expenses
Utility costs — electricity, gas, water, internet — index at 92 in Everett and 97 in Waco. Monthly utility bills average approximately $368 in Everett vs $388 in Waco. Utility costs are relatively comparable between these two cities.
Healthcare
Healthcare costs index at 122 in Everett and 93 in Waco. This encompasses insurance premiums, doctor visit copays, dental care, and prescription costs. The 29-point gap reflects real differences in provider costs, insurance market competition, and regional healthcare infrastructure.
Income & Purchasing Power
Median household income is $75,400 in Everett and $49,500 in Waco. After adjusting for local costs, purchasing-power-equivalent incomes are approximately $55,441 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 $1,759/month to housing in Everett vs $1,155/month in Waco. In Everett, median rent of $1,800/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 129 index points — focus your budget analysis there.
Frequently Asked Questions
Moving & Relocation Resources
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