Waco

Cost of Living in Waco, TX (2026): Rent, Utilities & Take-Home

$2,673 left/mo

Photo: HuecoBear / Wikimedia

$2,972/mo in Waco. $2,673 left each month. Prices 9% below the US average.

Pick a home city How we figure this

Monthly costs

Take-home $5,645/mo.

Taxes$1,333
Rent$1,108
Other$1,864
Left$2,673

Pay and tax, per year

Gross household pay: $83,730
Federal income tax: −$9,591
Social Security and Medicare: −$6,405
State income tax (TX): None
Take-home pay: $67,734
Effective tax rate: 19.1%

Living costs, per month

Rent, 1br: $1,108
Groceries: $363
Getting around: $549
Healthcare: $408
Utilities and internet: $227
Everything else: $317
Total spending: $2,972

After tax and rent

$2,673 left/mo

Stats

Rent: $1,319; 2 bd median
Take-home: $5,645; Per month
Tax: 19%; Of pay
Prices: 9% below; US, besides rent

Average electric bill in Texas

About $139 a month for a household using 900 kWh. That is the EIA residential price for Texas in 2025, 15.4¢ per kWh. It is a state average, not a Waco utility bill, and the utilities line in the monthly costs above already includes a modelled power cost.

Moving from Waco

Moving from Waco to Dallas