City Comparison

Pembroke Pines vs Waco

Cost of Living Comparison · 2026

Pembroke Pines

Florida
111
Above Average
$440,000
Median Home
$1,900/mo
Median Rent
$85,900
Median Income

Waco

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

The Verdict

33.7%

Living in Waco costs 33.7% less than Pembroke Pines. To match the purchasing power of a $75,000 salary in Pembroke Pines, you would need $56,081 in Waco.

Category-by-Category Breakdown

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

Housing
140
Pembroke Pines
63
Waco
Groceries
105
Pembroke Pines
95
Waco
Utilities
105
Pembroke Pines
97
Waco
Transportation
99
Pembroke Pines
89
Waco
Healthcare
91
Pembroke Pines
93
Waco

Salary Equivalence

A $75,000 salary in Pembroke Pines has the same purchasing power as $56,081 in Waco.

Conversely, $75,000 in Waco equals $100,301 in Pembroke Pines.

Living in Pembroke Pines vs Waco

Housing Costs

Pembroke Pines's housing index of 140 is higher Waco's 63, translating to median home prices of $440,000 vs $230,000. The $210,000 difference in home prices means roughly $13,656 per year in additional mortgage costs at current rates. Renters face a similar gap: $1,900/mo in Pembroke Pines compared to $1,050/mo in Waco, a monthly difference of $850.

Grocery & Food Costs

Grocery expenses index at 105 in Pembroke Pines and 95 in Waco. A household spending the national average of $475/month on groceries would pay approximately $499/month in Pembroke Pines vs $451/month in Waco. Waco offers a meaningful advantage on everyday food costs, saving roughly $576/year.

Utility Expenses

Utility costs — electricity, gas, water, internet — index at 105 in Pembroke Pines and 97 in Waco. Monthly utility bills average approximately $420 in Pembroke Pines vs $388 in Waco. Utility costs are relatively comparable between these two cities.

Healthcare

Healthcare costs index at 91 in Pembroke Pines 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 $85,900 in Pembroke Pines and $49,500 in Waco. After adjusting for local costs, purchasing-power-equivalent incomes are approximately $77,387 and $59,639 respectively. Pembroke Pines residents enjoy stronger real purchasing power despite higher nominal wages.

Relocation Considerations

Under the standard 28% rule, a median-income household can allocate $2,004/month to housing in Pembroke Pines vs $1,155/month in Waco. In Pembroke Pines, median rent of $1,900/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 77 index points — focus your budget analysis there.

Frequently Asked Questions

Waco is 33.7% more affordable overall with an index of 83 vs 111.
A $75,000 salary in Pembroke Pines has equivalent purchasing power to approximately $56,081 in Waco, based on the cost of living difference.
Pembroke Pines's housing index is 140 with median homes at $440,000, while Waco's is 63 with median homes at $230,000.

Moving & Relocation Resources

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