CostIndexUSA

Dayton, OH vs Waco, TX Cost of Living

Data: BEA Regional Price Parities · Census ACS · 2024

≈ Equal CostOH
Dayton
92.7
overall index
$1,300/mo rent
TX
Waco
92.6
overall index
$1,450/mo rent

Dayton and Waco have nearly identical costs of living.

Category Breakdown

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

🏠 Housing+14.9%
Dayton
72.7
Waco
83.5
🛒 Groceries≈ Equal
Dayton
93.6
Waco
93.8
🚗 Transportation2.7%
Dayton
103.9
Waco
101.1
🏥 Healthcare2.8%
Dayton
94
Waco
91.4
Utilities15.1%
Dayton
95.4
Waco
81

Salary Equivalency Calculator

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

$
Equivalent salary in Waco, TX
$79,900
$100 less needed in Waco

Formula: salary × (92.6 ÷ 92.7) = salary × 0.9989. Based on BEA Regional Price Parities.

Housing Market

Dayton, OH

Median Home Price
$360,000
Median Monthly Rent
$1,300
Housing Index
72.7
Price-to-Rent Ratio
23.1×

Waco, TX

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

Waco has 14.9% higher housing costs compared to Dayton.

Income & Job Market

Dayton, OH

Median Household Income
$67,100
Per Capita Income
$38,200
Unemployment Rate
4.5%
Population
137,630
Top Industries
ManufacturingHealthcareMilitaryEducationGovernment

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).

Dayton, OH
4.3×income-to-rent ratio

77% 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.