City Comparison

St Cloud vs Waco

Cost of Living Comparison · 2026

St Cloud

Minnesota
90
Below Average
$250,000
Median Home
$1,000/mo
Median Rent
$60,200
Median Income

Waco

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

The Verdict

8.4%

The cost gap between these cities is 8.4%, with Waco being the more affordable option. A $75,000 income in St Cloud has equivalent purchasing power to $69,167 in Waco.

Category-by-Category Breakdown

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

Housing
82
St Cloud
63
Waco
Groceries
101
St Cloud
95
Waco
Utilities
95
St Cloud
97
Waco
Transportation
99
St Cloud
89
Waco
Healthcare
100
St Cloud
93
Waco

Salary Equivalence

A $75,000 salary in St Cloud has the same purchasing power as $69,167 in Waco.

Conversely, $75,000 in Waco equals $81,325 in St Cloud.

Living in St Cloud vs Waco

Housing Costs

St Cloud's housing index of 82 is higher Waco's 63, translating to median home prices of $250,000 vs $230,000. The $20,000 difference in home prices means roughly $1,296 per year in additional mortgage costs at current rates. Renters face a similar gap: $1,000/mo in St Cloud compared to $1,050/mo in Waco, a monthly difference of $50.

Grocery & Food Costs

Grocery expenses index at 101 in St Cloud and 95 in Waco. A household spending the national average of $475/month on groceries would pay approximately $480/month in St Cloud vs $451/month in Waco. Waco offers a meaningful advantage on everyday food costs, saving roughly $348/year.

Utility Expenses

Utility costs — electricity, gas, water, internet — index at 95 in St Cloud and 97 in Waco. Monthly utility bills average approximately $380 in St Cloud vs $388 in Waco. Utility costs are relatively comparable between these two cities.

Healthcare

Healthcare costs index at 100 in St Cloud 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 $60,200 in St Cloud and $49,500 in Waco. After adjusting for local costs, purchasing-power-equivalent incomes are approximately $66,889 and $59,639 respectively. St Cloud residents enjoy stronger real purchasing power despite higher nominal wages.

Relocation Considerations

Under the standard 28% rule, a median-income household can allocate $1,405/month to housing in St Cloud vs $1,155/month in Waco. In St Cloud, median rent of $1,000/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 19 index points — focus your budget analysis there.

Frequently Asked Questions

Waco is 8.4% more affordable overall with an index of 83 vs 90.
A $75,000 salary in St Cloud has equivalent purchasing power to approximately $69,167 in Waco, based on the cost of living difference.
St Cloud's housing index is 82 with median homes at $250,000, while Waco's is 63 with median homes at $230,000.

Moving & Relocation Resources

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