Waco, GA Cost Of Living

Waco cost of living index

In the event that the cost of living data was unavailable for this city, estimates based upon nearby cities were used. Each cost of living index is based on a national average of 100. If the amount is below 100, it is lower than the national average. If the amount is above 100, it is higher than the national average.
Index	Waco	Georgia	National
Cost of living index	83	93	100
Index	Waco	Georgia	National
Goods & Services index	92	96	100
Groceries index	95	99	100
Health care index	81	96	100
Housing index	49	86	100
Transportation index	88	96	100
Utilities index	131	97	100

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The cost of living in Waco is 11% lower than the Georgia average.
The cost of living in Waco is 17% lower than the national average.
The cost of housing in Waco is 51% lower than the national average.
Georgia general sales tax is 21% lower than the national average.
Georgia state income tax is 55% lower than the national average.

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Price difference in compared to

Cost of living index
Goods & Services index
Groceries index
Health care index
Housing index
Transportation index
Utilities index

Median Income & Debt-To-Income Ratio

Median Income	Per Year	Per Month	Max Budget (28% DTI)	Max Budget (36% DTI)
Owners	$50,481	$4,207	$1,178	$1,515
Renters	$27,250	$2,271	$636	$818

Georgia Sales Tax

State	General Sales Tax	With Max Surtax
Georgia	4%	8%

Georgia Income Tax

State	Income Tax (Low)	Income Tax (High)
Georgia	1%	6%

Goods & Services

Item	Waco	National avg.	Difference
Haircut	$13.88	$16.09	13.7%
Beauty Salon	$30.38	$37.33	18.6%
Toothpaste	$2.09	$2.45	14.6%
Shampoo	$0.94	$1.00	6.0%
Movie	$9.21	$10.28	10.4%
Bowling	$4.52	$4.93	8.4%

Groceries

Item	Waco	National avg.	Difference
Ground Beef	$3.79	$3.80	0.3%
Fried Chicken	$1.23	$1.40	12.3%
Milk	$1.90	$2.01	5.6%
Potatoes	$3.17	$3.01	5.2%
Pizza	$9.98	$9.89	0.9%
Beer	$7.99	$8.90	10.2%

Health Care

Item	Waco	National avg.	Difference
Optometrist	$85.59	$102.16	16.2%
Doctor	$76.74	$108.36	29.2%
Dentist	$71.41	$92.53	22.8%
Ibuprofen	$9.17	$9.28	1.2%
Lipitor	$388.16	$425.82	8.8%

Housing

Item	Waco	National avg.	Difference
Home Price	$76,500.00	$184,700.00	58.6%
Avg. Mortgage Payment	$788.77	$1,202.44	34.4%
Apartment Rent	$634.00	$949.00	33.2%

Transportation

Item	Waco	National avg.	Difference
Gasoline	$2.00	$2.24	11.1%
Tire Balancing	$40.11	$46.29	13.3%

Utilities

Item	Waco	National avg.	Difference
All Electricity	$260.58	$165.96	57.0%
Phone	$29.13	$28.68	1.5%

Although the cost of living data is updated regularly, this cost of living information is to be used as estimates only as prices can change on an ongoing basis.

Nearby cities with low cost of living

City, State	Population	Cost of Living Index	National Avg.
Fruithurst, AL	279	82	-18%
Tallapoosa, GA	3,155	83	-17%
Buchanan, GA	1,367	84	-16%
Bowdon, GA	2,261	85	-15%
Mount Zion, GA	1,778	86	-14%
Waco, GA	440	83	-17%

Cities with similar population

City, State	Population	Cost of Living Index	National Avg.
East Bend, NC	440	91	-9%
Mesquite Creek, AZ	440	88	-12%
Merigold, MS	440	80	-20%
McLain, MS	440	70	-30%
Lafe, AR	440	75	-25%
Waco, GA	440	83	-17%

Source: The Waco, GA cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for 2017.

Waco, GA Cost of Living