Cost Of Living in Waco, NE

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13%

Overall NAT. AVG.

4%

Groceries NAT. AVG.

35%

Housing NAT. AVG.

Date & Last Updated: These cost of living estimates reflect 2026 modeled data using U.S. Census housing inputs and AI-assisted city-level pricing models.

The cost of living index is based on a national average of 100. For example, if the cost of living score is 90, then the estimated cost of living is 10% lower than the national average. If the score is 110, then the estimated cost of living is 10% higher than average. The overall index is calculated using weighted estimates across major everyday expense categories, including housing (30%), groceries (16%), transportation (12%), healthcare (10%), utilities (8%), lifestyle and entertainment (8%), household expenses (8%), and education and childcare (8%). All values are AI-assisted city-level estimates designed for directional comparisons.
Index	Waco	Nebraska	National
Cost of living	87	91	100
Groceries	96	97	100
Health care	96	98	100
Housing	65	76	100
Transportation	102	99	100
Utilities	96	96	100
Lifestyle & Entertainment	97	97	100
Household Items	95	98	100
Education & Childcare	96	96	100

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Homes For Sale In Waco, NE

303 Stafford St

Waco, NE

Cost Of Living Quick Facts

The cost of living in Waco is 4% lower than the Nebraska average
The cost of living in Waco is 13% lower than the national average
Waco housing is 35% lower than the national average
Nebraska general sales tax is 8% higher than the national average
Nebraska state income tax is 5% lower than the national average

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Price difference in compared to

Cost of living index
Groceries index
Health care index
Housing index
Transportation index
Utilities index
Lifestyle index
Household index
Educare index

Median Income & Debt-To-Income Ratio

Median Income	Per Year	Per Month	Max Budget (28% DTI)	Max Budget (36% DTI)
Owners	$99,739	$8,312	$2,327	$2,992
Renters	$95,768	$7,981	$2,234	$2,873

Nebraska Sales Tax

State	General Sales Tax	With Max Surtax
Nebraska	5.5%	7.5%

Nebraska Income Tax

State	Income Tax (Low)	Income Tax (High)
Nebraska	2.46%	6.64%

Nearby cities with low cost of living

City	Population	Cost of Living Index	National Avg.
Thayer, NE	31	97	2.8%
Tamora, NE	20	97	2.8%
Surprise, NE	49	75	24.6%
Ulysses, NE	166	77	23.0%
Lushton, NE	17	78	22.2%
Waco, NE	254	87	12.6%

Cities with similar population

City	Population	Cost of Living Index	National Avg.
Sanford, AL	254	83	16.9%
Vernon, CA	254	117	16.8%
Grover, CO	254	89	11.5%
Girard, GA	254	80	19.9%
Montour, IA	254	84	15.8%
Waco, NE	254	87	12.6%