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Waco, TX

Cost of living in Falls County, TX

Part of the Waco Metro Area

Estimated monthly cost
$2,544/mo
for a single person, all categories combined

Population 17,063 · Last updated May 21, 2026

Cost breakdown

Single person, by category, per month.

Rent $711 28%
Healthcare $480 19%
Federal tax $445 17%
Groceries $334 13%
Transport $320 13%
Energy $199 8%
Water $55 2%
State tax $0 0%

Rent in Falls County

Fair Market Rents by bedroom count.

Studio
$640
per month
1 bedroom
$711
per month
2 bedroom
$933
per month
3 bedroom
$1,307
per month
4 bedroom
$1,567
per month

Source: HUD FMR FY2025

Income and earnings in Falls County

Annual earnings figures from the Census ACS.

Household income
$55,372
per year
Individual earnings
$37,244
per year
Per capita
$29,535
per year

Source: ACS 2019-2023 5-Year.

Home values in Falls County

Average values reported by homeowners.

Average home value
$97,300
Annual property tax
$1,429

Source: ACS 2019-2023 5-Year

Energy costs in Falls County

Estimated monthly electricity and gas costs.

Electricity
$167
per month · 14.5¢/kWh
Natural gas
$32
per month
Annual total
$2,388
per year

Source: EIA

Healthcare in Falls County

Insurance premiums and coverage rates.

Individual premium
$480
per month
Family premium
$1,350
per month
Uninsured rate
16.2%

Source: ACS + national avg. Marketplace benchmark premiums are second-lowest Silver plan estimates and do not reflect employer plans, subsidies, or out-of-pocket costs. This is not healthcare advice.

Taxes in Falls County

State and local tax rates for Texas.

No state income tax
Texas does not levy a personal income tax.
State sales tax
6.3%
Combined sales tax
8.2%
incl. average local

Tax rates change. Consult a qualified tax professional for advice on your specific situation. This is not tax advice.

Transportation in Falls County

Commute patterns and estimated costs.

Average commute
30.0 min
Drive alone
77.7%
Public transit
0.0%
Work from home
10.9%

Source: ACS

Monthly cost estimates for Falls County

What it costs to live in Falls County each month.

Single person
$2,544
per month
  • Rent $711
  • Energy $199
  • Water $55
  • Groceries $334
  • Transport $320
  • Healthcare $480
  • Federal tax $445
  • State tax $0
Couple
$3,650
per month
  • Rent $933
  • Energy $239
  • Water $65
  • Groceries $553
  • Transport $420
  • Healthcare $864
  • Federal tax $576
  • State tax $0
Family
$6,166
per month
  • Rent $1,307
  • Energy $298
  • Water $75
  • Groceries $840
  • Transport $520
  • Healthcare $1,350
  • Childcare $1,200
  • Federal tax $576
  • State tax $0

Frequently asked questions about Falls County

Common questions about cost of living, rent and salary.

What is the average rent in Falls County?

In Falls County, TX, a one-bedroom apartment averages $711 per month, a two-bedroom averages $933 per month, a three-bedroom averages $1,307 per month, according to HUD Fair Market Rent data.

What is the average salary in Falls County?

In Falls County, TX, the average household income is $55,372 per year and individual earnings for full-time workers average $37,244 per year, according to U.S. Census Bureau data.

What is the cost of living in Falls County?

The estimated cost of living in Falls County, TX is approximately $2,544 per month for a single person, $3,650 for a couple, $6,166 for a family. This includes rent, utilities, groceries, transportation, healthcare, and taxes.

What is the sales tax rate in Falls County?

The combined sales tax rate in Falls County, TX is 8.19%, which includes the Texas state rate of 6.25% plus an average local rate of 1.94%.

Is Falls County an affordable place to live?

Based on the data, a single person in Falls County, TX would need approximately $2,544 per month to cover rent, utilities, food, transport, healthcare, and taxes. The average household income is $55,372 per year ($4,614 per month). Falls County has a moderate cost of living relative to local earnings.

How much does healthcare cost in Falls County?

The ACA marketplace benchmark premium in Falls County, TX is approximately $480 per month for an individual. Approximately 16.2% of residents are uninsured. Actual costs vary based on employer coverage, plan type, and individual circumstances.

What are house prices in Falls County?

The average home value in Falls County, TX is $97,300, with average annual property taxes of $1,429, according to U.S. Census Bureau data.

How does Falls County compare to other areas?

You can compare Falls County, TX with any other US county using our comparison tool at /compare. Falls County is in the Waco, TX metro area.

Other counties in Texas

Browse the full list of counties in Texas, ranked by cost of living.

See all counties in Texas

Compare Falls County with another area

Put two counties side by side to see how rent, taxes and everyday costs stack up.

About this data

All figures on this page come from official U.S. government sources, listed below.

  • HUD FMR FY2025
  • ACS 2019-2023 5-Year
  • EIA
  • ACS + national avg
  • ACS
  • USDA + BEA RPP
Methodology All data sources