Cost of Living Comparison Between Waco, TX and Austin, TX Cost of Living Comparison Between Waco, TX and Austin, TX

Monthly Cost of Living

Monthly costs for one person with rent: $2,775 in Waco, TX versus $2,701 in Austin, TX.

Estimated couple costs with rent: $3,805 in Waco, TX versus $4,086 in Austin, TX.

Monthly costs for a family of three with rent: $4,834 in Waco, TX versus $5,470 in Austin, TX.

Living in Waco, TX is roughly 3% more expensive than in Austin, TX, driven mainly by Sport & Entertainment.

Both cities are pricier than the global median: Waco, TX 108% above, Austin, TX 102% above.

Meal at Budget Restaurant

$20.10 $20.10

$19.97 $19.97

0.65%

Three-Course Dinner for Two, Mid-Range

$63.3 $63.3

$74.5 $74.5

-15.04%

Fast Food Meal (McDonalds, etc)

$10.19 $10.19

$9.85 $9.85

3.45%

Cappuccino

$5.79 $5.79

Coke/Pepsi/Fanta/Sprite (0.33 liter bottle)

$2.22 $2.22

$2.75 $2.75

-19.27%

Water (0.33 liter bottle)

$1.47 $1.47

$2.17 $2.17

-32.26%

Local Beer (0.5 liter draught)

$5.94 $5.94

$5.98 $5.98

-0.67%

Imported Beer (0.33 liter bottle)

$4.91 $4.91

$8.11 $8.11

-39.46%

Milk (1 liter)

$1.01 $1.01

$1.10 $1.10

-8.18%

White Bread (500g)

$2.73 $2.73

$3.28 $3.28

-16.77%

Rice (white) (1kg)

$2.69 $2.69

$3.37 $3.37

-20.18%

Eggs

$4.43 $4.43

$4.31 $4.31

2.78%

Local Cheese (1kg)

$11.88 $11.88

$12.02 $12.02

-1.16%

Chicken Fillets (1kg)

$10.53 $10.53

$10.58 $10.58

-0.47%

Beef Round Steak (1kg)

$11.87 $11.87

$14.59 $14.59

-18.64%

Apples (1kg)

$3.87 $3.87

$5.04 $5.04

-23.21%

Banana (1kg)

$1.18 $1.18

$1.57 $1.57

-24.84%

Oranges (1kg)

$4.12 $4.12

$4.38 $4.38

-5.94%

Tomato (1kg)

$3.78 $3.78

$4.07 $4.07

-7.13%

Potato (1kg)

$2.84 $2.84

$2.77 $2.77

2.53%

Onion (1kg)

$2.72 $2.72

$2.82 $2.82

-3.55%

Lettuce (1 head)

$1.65 $1.65

$1.96 $1.96

-15.82%

Water (1.5 liter bottle)

$1.78 $1.78

$2.23 $2.23

-20.18%

Cigarettes 20 Pack (Marlboro, Camel)

$7.98 $7.98

$8.75 $8.75

-8.80%

Wine (Bottle)

$13.57 $13.57

$14.71 $14.71

-7.75%

Local Beer (0.5 liter bottle)

$1.77 $1.77

$2.34 $2.34

-24.36%

Imported Beer (0.33 liter bottle)

$3.57 $3.57

$3.47 $3.47

2.88%

One-way Ticket (Public Transport)

$1.54 $1.54

$1.52 $1.52

1.32%

Public Transport Monthly Pass (Regular Price)

$39.92 $39.92

$42.74 $42.74

-6.60%

Taxi Start (Normal Tariff)

$4.45 $4.45

$4.31 $4.31

3.25%

Taxi (Normal Tariff) (1km)

$1.89 $1.89

$1.80 $1.80

5.00%

Taxi 1hour Waiting (Normal Tariff)

$35.17 $35.17

$35.23 $35.23

-0.17%

Gasoline (1 liter)

$0.72 $0.72

$0.80 $0.80

-10.00%

Midsize Hatchback 1.4l (Volkswagen Golf, Toyota Prius, Honda Civic, etc)

$25.6K $25.6K

$25.7K $25.7K

-0.50%

Compact Sedan 1.6l (Toyota Corolla, Mazda3, Kia K4, Hyundai Elantra, etc)

$26.0K $26.0K

$26.8K $26.8K

-3.26%

Utilities for 2 People in 2-bedroom Apartment (Heating, Electricity, Gas, Water, Garbage) (85m2)

$172 $172

$173 $173

-0.58%

SIM Card Monthly Plan (Calls and 10GB+ Data)

$60.6 $60.6

$58.5 $58.5

3.55%

Internet (50+ Mbps, Unlimited Data)

$65.8 $65.8

$67.1 $67.1

-2.00%

Gym Membership (Monthly)

$27.62 $27.62

$61.8 $61.8

-55.32%

Tennis Court (1 Hour on Weekend)

$9.85 $9.85

Cinema Ticket

$9.69 $9.69

$14.80 $14.80

-34.53%

Preschool or Kindergarten, Full Day, Private, 1 Child (Monthly)

$843 $843

$1,414 $1,414

-40.35%

International Primary School, 1 Child (Yearly)

$22.0K $22.0K

$22.1K $22.1K

-0.71%

Jeans (Levis 501 Or Similar)

$52.2 $52.2

$54.9 $54.9

-4.94%

Summer Dress (H&M, Zara, etc)

$45.90 $45.90

$46.67 $46.67

-1.65%

Sport Shoes (Adidas, Nike)

$78.1 $78.1

$87.6 $87.6

-10.93%

Men's Leather Business Shoes

$118 $118

$119 $119

-1.18%

1-bedroom Apartment, City Center (Monthly)

$1,218 $1,218

$2,200 $2,200

-44.63%

1-bedroom Apartment, Outside City Center (Monthly)

$1,547 $1,547

$1,428 $1,428

8.34%

3-bedroom Apartment, City Center (Monthly)

$2,413 $2,413

$3,769 $3,769

-35.99%

3-bedroom Apartment, Outside City Center (Monthly)

$2,258 $2,258

$2,704 $2,704

-16.51%

Buy Apartment in City Center (m2)

$1,979 $1,979

$7,334 $7,334

-73.01%

Buy Apartment Outside City Center (m2)

$1,982 $1,982

$3,140 $3,140

-36.87%

Average Monthly Net Salary (After Tax)

$3,195 $3,195

$5,093 $5,093

-37.27%

20-Year Fixed Mortgage Interest Rate (Annual %)

6.45

CityCost data is based on AI and user input – minor inaccuracies may occur.

Last update for Waco, TX: July 21, 2026

Last update for Austin, TX: July 20, 2026

Cost Breakdown

A one-bedroom apartment in the center runs $1,218 in Waco, TX and $2,200 in Austin, TX. Housing cost is often the main lever when comparing two cities.

Austin, TX pays 59% more on average while also being the cheaper of the two. The combined effect is a noticeably stronger local purchasing power.

Dining out: $63.0 in Waco, TX vs $74.0 in Austin, TX for a mid-range dinner for two. Groceries echo the gap at $337 vs $376 per month, with Waco, TX cheaper across the board.

City Median Internet Speeds Comparison (Updated April 2026)

The chart highlights the Precision Threshold for mobile and fixed broadband internet speeds, updated quarterly.

Digital Nomad Cost of Living Index

Waco, TX vs Austin, TX: Cost of Living - Frequently Asked Questions

Austin, TX wins on cost – living expenses run 3% lower than in Waco, TX. Housing and daily spending are where you'll feel the difference most, making Austin, TX the obvious pick if budget is a priority.

On paper, salaries run 59% lower in Austin, TX. That's worth factoring in alongside costs, though remote workers earning in a stronger currency may not notice the difference at all.

Rent for a central apartment: $1,218 in Waco, TX versus $2,200 in Austin, TX. Housing is usually the single largest factor when comparing overall living costs between the two.

All in, you'll spend $2,775 per month in Waco, TX versus $2,701 in Austin, TX – a 3% gap that adds up to real savings over time for anyone picking the cheaper option.

A monthly transit pass in Austin, TX runs roughly 7% less than in Waco, TX. Both cities have functional networks, but the price difference matters if you're watching your budget.

At $2,701 in Austin, TX versus $2,775 in Waco, TX, a $2,000 budget is realistic in Austin, TX but tight or insufficient in Waco, TX. The gap between the two cities makes Austin, TX the clear choice for anyone on this budget.

Both cities offer a good standard of living with different trade-offs. Neither is objectively better – the right pick depends on what matters most: affordability, career, cultural scene, or climate.

Expats usually find Austin, TX gentler on the wallet – expenses run 3% less than in Waco, TX. Beyond cost, consider language, visa policies, and how big the international community is in each city.