City Comparison

Sioux City vs Waco

Cost of Living Comparison · 2026

Sioux City

Iowa
86
Below Average
$182,000
Median Home
$875/mo
Median Rent
$65,500
Median Income

Waco

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

The Verdict

3.6%

Waco is 3.6% less expensive than Sioux City overall. A household earning $75,000 in Sioux City would need approximately $72,384 in Waco to maintain the same standard of living.

Category-by-Category Breakdown

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

Housing
74
Sioux City
63
Waco
Groceries
97
Sioux City
95
Waco
Utilities
89
Sioux City
97
Waco
Transportation
92
Sioux City
89
Waco
Healthcare
101
Sioux City
93
Waco

Salary Equivalence

A $75,000 salary in Sioux City has the same purchasing power as $72,384 in Waco.

Conversely, $75,000 in Waco equals $77,711 in Sioux City.

Living in Sioux City vs Waco

Housing Costs

Sioux City's housing index of 74 is higher Waco's 63, translating to median home prices of $182,000 vs $230,000. The $48,000 difference in home prices means roughly $3,120 per year in additional mortgage costs at current rates. Renters face a similar gap: $875/mo in Sioux City compared to $1,050/mo in Waco, a monthly difference of $175.

Grocery & Food Costs

Grocery expenses index at 97 in Sioux City and 95 in Waco. A household spending the national average of $475/month on groceries would pay approximately $461/month in Sioux City 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 89 in Sioux City and 97 in Waco. Monthly utility bills average approximately $356 in Sioux City vs $388 in Waco. Utility costs are relatively comparable between these two cities.

Healthcare

Healthcare costs index at 101 in Sioux City 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 $65,500 in Sioux City and $49,500 in Waco. After adjusting for local costs, purchasing-power-equivalent incomes are approximately $76,163 and $59,639 respectively. Sioux City residents enjoy stronger real purchasing power despite higher nominal wages.

Relocation Considerations

Under the standard 28% rule, a median-income household can allocate $1,528/month to housing in Sioux City vs $1,155/month in Waco. In Sioux City, median rent of $875/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 11 index points — focus your budget analysis there.

Frequently Asked Questions

Waco is 3.6% more affordable overall with an index of 83 vs 86.
A $75,000 salary in Sioux City has equivalent purchasing power to approximately $72,384 in Waco, based on the cost of living difference.
Sioux City's housing index is 74 with median homes at $182,000, while Waco's is 63 with median homes at $230,000.

Moving & Relocation Resources

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