City Comparison

Oxnard vs Waco

Cost of Living Comparison · 2026

Oxnard

California
154
Very Expensive
$653,000
Median Home
$1,925/mo
Median Rent
$96,200
Median Income

Waco

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

The Verdict

85.5%

Living in Waco costs 85.5% less than Oxnard. To match the purchasing power of a $75,000 salary in Oxnard, you would need $40,422 in Waco.

Category-by-Category Breakdown

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

Housing
253
Oxnard
63
Waco
Groceries
112
Oxnard
95
Waco
Utilities
107
Oxnard
97
Waco
Transportation
135
Oxnard
89
Waco
Healthcare
113
Oxnard
93
Waco

Salary Equivalence

A $75,000 salary in Oxnard has the same purchasing power as $40,422 in Waco.

Conversely, $75,000 in Waco equals $139,157 in Oxnard.

Living in Oxnard vs Waco

Housing Costs

Oxnard's housing index of 253 is higher Waco's 63, translating to median home prices of $653,000 vs $230,000. The $423,000 difference in home prices means roughly $27,492 per year in additional mortgage costs at current rates. Renters face a similar gap: $1,925/mo in Oxnard compared to $1,050/mo in Waco, a monthly difference of $875.

Grocery & Food Costs

Grocery expenses index at 112 in Oxnard and 95 in Waco. A household spending the national average of $475/month on groceries would pay approximately $532/month in Oxnard vs $451/month in Waco. Waco offers a meaningful advantage on everyday food costs, saving roughly $972/year.

Utility Expenses

Utility costs — electricity, gas, water, internet — index at 107 in Oxnard and 97 in Waco. Monthly utility bills average approximately $428 in Oxnard vs $388 in Waco. Utility costs are relatively comparable between these two cities.

Healthcare

Healthcare costs index at 113 in Oxnard and 93 in Waco. This encompasses insurance premiums, doctor visit copays, dental care, and prescription costs. The 20-point gap reflects real differences in provider costs, insurance market competition, and regional healthcare infrastructure.

Income & Purchasing Power

Median household income is $96,200 in Oxnard and $49,500 in Waco. After adjusting for local costs, purchasing-power-equivalent incomes are approximately $62,468 and $59,639 respectively. Oxnard residents enjoy stronger real purchasing power despite higher nominal wages.

Relocation Considerations

Under the standard 28% rule, a median-income household can allocate $2,245/month to housing in Oxnard vs $1,155/month in Waco. In Oxnard, median rent of $1,925/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 190 index points — focus your budget analysis there.

Frequently Asked Questions

Waco is 85.5% more affordable overall with an index of 83 vs 154.
A $75,000 salary in Oxnard has equivalent purchasing power to approximately $40,422 in Waco, based on the cost of living difference.
Oxnard's housing index is 253 with median homes at $653,000, while Waco's is 63 with median homes at $230,000.

Moving & Relocation Resources

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