Cost of living in the Waco Metro Area
3 counties across TX. Population: 299,217.
Last updated May 22, 2026
Rent in the Waco Metro Area
Average rent across the Waco metro area, weighted by county population.
Source: HUD FMR + ACS (population-weighted metro average)
Income and earnings in the Waco Metro Area
Earnings data averaged across all 3 counties.
Source: ACS (population-weighted metro average)
Home values in the Waco Metro Area
Average home values and annual property tax across the metro.
Source: ACS (population-weighted metro average)
Energy costs in the Waco Metro Area
Residential electricity and natural gas estimates.
Source: EIA (state averages applied per county, weighted)
All 3 counties in the Waco Metro Area
The Waco metro area includes 3 counties. Sorted by population.
- McLennan County TX$2,917/moPop263,608 Rent$1,106/mo Income$63,888/yrMcLennan County TX 263,608 $1,106/mo $63,888/yr $2,917/mo
- Bosque County TX$2,600/moPop18,546 Rent$711/mo Income$69,339/yrBosque County TX 18,546 $711/mo $69,339/yr $2,600/mo
- Falls County TX$2,544/moPop17,063 Rent$711/mo Income$55,372/yrFalls County TX 17,063 $711/mo $55,372/yr $2,544/mo
Compare counties in the Waco Metro Area
Put two counties side by side to see how rent, taxes and everyday costs stack up across the metro.
Open comparison toolFrequently asked questions about the Waco Metro Area
Common questions about cost of living in the metro area.
What is the cost of living in the Waco Metro Area?
The estimated average cost of living in the Waco metro area is approximately $2,876 per month for a single person. This is a population-weighted average across the 3 counties that make up the metro area.
What is the average rent in the Waco Metro Area?
The average one-bedroom rent across the Waco metro area is $1,059 per month, based on HUD Fair Market Rent data weighted by county population.
What is the cheapest county in the Waco Metro Area?
Falls County, TX is the most affordable county in the Waco metro area at approximately $2,544 per month for a single person.
What is the most expensive county in the Waco Metro Area?
McLennan County, TX is the most expensive county in the Waco metro area at approximately $2,917 per month for a single person.
How many counties are in the Waco Metro Area?
The Waco metro area covers 3 counties. The five largest by population are McLennan County, Bosque County, Falls County.
Use this research
Journalists, researchers and bloggers are welcome to cite and share this analysis. Please include a follow link back to this page when referencing our data. For bespoke analysis, expert comment, or high-resolution graphics, get in touch via our press office.
About this data
All figures come from official U.S. government sources. Metro-area averages are population-weighted across constituent counties using Census ACS population estimates.