CostIndexUSA

Green Bay, WI vs Waco, TX Cost of Living

Data: BEA Regional Price Parities · Census ACS · 2024

≈ Equal CostWI
Green Bay
93.1
overall index
$1,000/mo rent
TX
Waco
92.6
overall index
$1,450/mo rent

Green Bay and Waco have nearly identical costs of living.

Category Breakdown

Index values: 100 = U.S. national average. Higher = more expensive.

🏠 Housing+11.8%
Green Bay
74.7
Waco
83.5
🛒 Groceries≈ Equal
Green Bay
93.8
Waco
93.8
🚗 Transportation3.2%
Green Bay
104.4
Waco
101.1
🏥 Healthcare3.2%
Green Bay
94.4
Waco
91.4
Utilities10.0%
Green Bay
90
Waco
81

Salary Equivalency Calculator

Enter your current salary in Green Bay to see what you'd need to earn in Waco to maintain the same purchasing power.

$
Equivalent salary in Waco, TX
$79,600
$400 less needed in Waco

Formula: salary × (92.6 ÷ 93.1) = salary × 0.9946. Based on BEA Regional Price Parities.

Housing Market

Green Bay, WI

Median Home Price
$326,000
Median Monthly Rent
$1,000
Housing Index
74.7
Price-to-Rent Ratio
27.2×

Waco, TX

Median Home Price
$246,000
Median Monthly Rent
$1,450
Housing Index
83.5
Price-to-Rent Ratio
14.1×

Waco has 11.8% higher housing costs compared to Green Bay.

Income & Job Market

Green Bay, WI

Median Household Income
$76,200
Per Capita Income
$43,400
Unemployment Rate
2.1%
Population
107,395
Top Industries
ManufacturingHealthcareTourismFinanceRetail

Waco, TX

Median Household Income
$62,700
Per Capita Income
$35,700
Unemployment Rate
3.7%
Population
138,486
Top Industries
EducationHealthcareManufacturingRetailAgriculture

Affordability at a Glance

Income-to-rent ratio: higher is better (more income relative to housing costs).

Green Bay, WI
6.3×income-to-rent ratio

84% of income left after rent (median)

Waco, TX
3.6×income-to-rent ratio

72% of income left after rent (median)

Data Sources: Bureau of Economic Analysis (BEA) Regional Price Parities 2024; U.S. Census Bureau American Community Survey (ACS); Bureau of Labor Statistics (BLS) Local Area Unemployment Statistics; Zillow Research.

Cost indices use 100 as the U.S. national average. Values above 100 indicate costs above the national average. Data is updated annually.

This data is for informational purposes only and should not be used as the sole basis for relocation or financial decisions.