CICostIndexUSA

Greeley, CO vs Waco, TX Cost of Living

Data: BEA Regional Price Parities · Census ACS · 2024

CO
Greeley
100.2
overall index
$1,750/mo rent
More AffordableTX
Waco
92.6
overall index
$1,425/mo rent

Waco is moderately cheaper than Greeley — 7.6% lower overall cost of living.

To match an $80,000 salary in Greeley, you would need $73,900 in Waco. Calculate your salary ↓

Category Breakdown

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

🏠 Housing25.8%
Greeley
112.6
Waco
83.5
🛒 Groceries2.4%
Greeley
96.1
Waco
93.8
🚗 Transportation3.5%
Greeley
104.8
Waco
101.1
🏥 Healthcare3.6%
Greeley
94.8
Waco
91.4
Utilities1.2%
Greeley
82
Waco
81

Salary Equivalency Calculator

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

$
Equivalent salary in Waco, TX
$73,900
$6,100 less needed in Waco

Formula: salary × (92.6 ÷ 100.2) = salary × 0.9242. Based on BEA Regional Price Parities.

Housing Market

Greeley, CO

Median Home Price
$498,000
Median Monthly Rent
$1,750
Housing Index
112.6
Price-to-Rent Ratio
23.7×

Waco, TX

Median Home Price
$259,000
Median Monthly Rent
$1,425
Housing Index
83.5
Price-to-Rent Ratio
15.1×

Greeley has 25.8% lower housing costs compared to Waco.

Income & Job Market

Greeley, CO

Median Household Income
$101,600
Per Capita Income
$57,900
Unemployment Rate
3.9%
Population
108,795
Top Industries
AgricultureHealthcareEducationManufacturingEnergy

Waco, TX

Median Household Income
$67,800
Per Capita Income
$38,600
Unemployment Rate
3%
Population
138,486
Top Industries
EducationHealthcareManufacturingRetailAgriculture

Affordability at a Glance

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

Greeley, CO
4.8×income-to-rent ratio

79% of income left after rent (median)

Waco, TX
4.0×income-to-rent ratio

75% 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.