Salary Needed to Live in Waco as a Couple
A couple sharing expenses without children needs approximately $22,629/year to live comfortably in Waco, TX — including 12% savings.
Comfortable Salary
$22,629
with 12% savings
Bare Minimum
$19,008
no savings buffer
Monthly Expenses
$1,188
19% below national avg
Detailed Monthly Budget for a Couple in Waco
| Expense | Waco | Nat'l Avg | Diff |
|---|---|---|---|
| 🏠 1-2BR Apartment Rent | $99 | $137 | -28% |
| 🛒 Groceries | $26 | $27 | -4% |
| ⚡ Utilities | $18 | $19 | -5% |
| 🚗 Transportation | $36 | $35 | +3% |
| 🛡️ Car Insurance | $162 | $223 | -27% |
| 🏥 Health Insurance | $55 | $56 | -2% |
| Internet | $53 | $65 | -18% |
| Phone (×2) | $115 | $140 | -18% |
| Dining & Social | $369 | $450 | -18% |
| Entertainment | $148 | $180 | -18% |
| Personal Care (×2) | $107 | $130 | -18% |
| Total Monthly | $1,188 | $1,462 | -19% |
How We Calculated the Salary
Monthly expenses:$1,188
Target savings (12%):$193/mo
Monthly after-tax needed:$1,381
Effective tax rate:25%
Gross annual salary needed:$22,629
Other Household Types in Waco
Related Pages
FAQ
What salary does a couple (no kids) need in Waco?
A couple (no kids) needs approximately $22,629/year ($1,886/month gross) to live comfortably in Waco with a 12% savings rate.
How much is rent for a couple (no kids) in Waco?
A 1-2br apartment in Waco costs approximately $99/month, which is the largest single expense at 8% of the total budget.
Is Waco affordable for a couple (no kids)?
Yes, Waco is 19% more affordable than the national average for a couple (no kids).