Round Rock vs Waco

Category-by-Category Breakdown

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

Salary Equivalence

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

Conversely, $75,000 in Waco equals $91,265 in Round Rock.

Living in Round Rock vs Waco

Housing Costs

Round Rock's housing index of 92 is higher Waco's 63, translating to median home prices of $413,000 vs $230,000. The $183,000 difference in home prices means roughly $11,892 per year in additional mortgage costs at current rates. Renters face a similar gap: $1,400/mo in Round Rock compared to $1,050/mo in Waco, a monthly difference of $350.

Grocery & Food Costs

Grocery expenses index at 96 in Round Rock and 95 in Waco. A household spending the national average of $475/month on groceries would pay approximately $456/month in Round Rock 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 109 in Round Rock and 97 in Waco. Monthly utility bills average approximately $436 in Round Rock vs $388 in Waco. Climate differences between the two cities drive much of this gap, with heating and cooling costs varying substantially by region.

Healthcare

Healthcare costs index at 96 in Round Rock 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 $100,500 in Round Rock and $49,500 in Waco. After adjusting for local costs, purchasing-power-equivalent incomes are approximately $99,505 and $59,639 respectively. Round Rock residents enjoy stronger real purchasing power despite higher nominal wages.

Relocation Considerations

Under the standard 28% rule, a median-income household can allocate $2,345/month to housing in Round Rock vs $1,155/month in Waco. In Round Rock, median rent of $1,400/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 29 index points — focus your budget analysis there.

Frequently Asked Questions

Moving & Relocation Resources

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