City Comparison

Naperville vs Waco

Cost of Living Comparison · 2026

Naperville

Illinois
112
Above Average
$430,000
Median Home
$1,800/mo
Median Rent
$118,254
Median Income

Waco

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

The Verdict

34.9%

The cost gap between these cities is 34.9%, with Waco being the more affordable option. A $75,000 income in Naperville has equivalent purchasing power to $55,580 in Waco.

Category-by-Category Breakdown

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

Housing
130
Naperville
63
Waco
Groceries
104
Naperville
95
Waco
Utilities
99
Naperville
97
Waco
Transportation
116
Naperville
89
Waco
Healthcare
101
Naperville
93
Waco

Salary Equivalence

A $75,000 salary in Naperville has the same purchasing power as $55,580 in Waco.

Conversely, $75,000 in Waco equals $101,205 in Naperville.

Living in Naperville vs Waco

Housing Costs

Naperville's housing index of 130 is higher Waco's 63, translating to median home prices of $430,000 vs $230,000. The $200,000 difference in home prices means roughly $12,996 per year in additional mortgage costs at current rates. Renters face a similar gap: $1,800/mo in Naperville compared to $1,050/mo in Waco, a monthly difference of $750.

Grocery & Food Costs

Grocery expenses index at 104 in Naperville and 95 in Waco. A household spending the national average of $475/month on groceries would pay approximately $494/month in Naperville vs $451/month in Waco. Waco offers a meaningful advantage on everyday food costs, saving roughly $516/year.

Utility Expenses

Utility costs — electricity, gas, water, internet — index at 99 in Naperville and 97 in Waco. Monthly utility bills average approximately $396 in Naperville vs $388 in Waco. Utility costs are relatively comparable between these two cities.

Healthcare

Healthcare costs index at 101 in Naperville 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 $118,254 in Naperville and $49,500 in Waco. After adjusting for local costs, purchasing-power-equivalent incomes are approximately $105,584 and $59,639 respectively. Naperville residents enjoy stronger real purchasing power despite higher nominal wages.

Relocation Considerations

Under the standard 28% rule, a median-income household can allocate $2,759/month to housing in Naperville vs $1,155/month in Waco. In Naperville, median rent of $1,800/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 67 index points — focus your budget analysis there.

Frequently Asked Questions

Waco is 34.9% more affordable overall with an index of 83 vs 112.
A $75,000 salary in Naperville has equivalent purchasing power to approximately $55,580 in Waco, based on the cost of living difference.
Naperville's housing index is 130 with median homes at $430,000, while Waco's is 63 with median homes at $230,000.

Moving & Relocation Resources

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