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College Station, TX vs Waco, TX

94
College Station
Texas
VS
+15.4%
82
Waco
Texas

There is a significant gap in the cost of living between these two cities. Waco is 15.4% cheaper than College Station. With a cost index of 82 vs 94, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Waco to College Station should plan for substantially higher expenses across most categories.

On the housing front, median rent in College Station is $1,168/month compared to $1,098/month in Waco — a 6% difference. Home values follow the same pattern: Waco is more affordable at $199,600 median vs $326,500.

Median household income in College Station is $51,776 compared to $51,468 in Waco (+0.6%). College Station does offer higher incomes, but the salary premium barely offsets the higher cost of living, leaving residents with a tighter budget. Looking at affordability, residents of College Station spend roughly 27.1% of their income on rent, more than the 25.6% in Waco.

Income & Cost

Cost of Living Index
College Station
94
Waco
82
13% cheaper
Median Household Income
College Station
$51,776
1% higher
Waco
$51,468

Housing

Median Rent
College Station
$1,168
Waco
$1,098
6% cheaper
Median Home Value
College Station
$326,500
Waco
$199,600
39% cheaper
Population
College Station
122,280
Waco
141,925

Salary Equivalency Calculator

What does your salary in one city buy you in the other?

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Formula:

Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
College Station $2.85
Waco $2.85
US $3.07
🥚
Eggs (grade A, large)
College Station $2.32
Waco $2.32
US $2.50
🥛
Milk (whole)
College Station $3.74
Waco $3.74
US $4.03
🍞
Bread (white)
College Station $1.72
Waco $1.72
US $1.85
🍗
Chicken breast
College Station $3.85
Waco $3.85
US $4.14
Electricity
College Station $0.17
Waco $0.17
US $0.19