City comparison
Fort Wayne, IN vs Waco, TX
What a paycheck is really worth in each city: prices, rent and state taxes.
Key findings
- Overall prices in Fort Wayne, IN (92.6) and Waco, TX (92.5, U.S. average = 100) are within 1% of each other, so $100,000 in Fort Wayne, IN goes as far as $100,000 in Waco, TX.
- Rent is the bigger story: a typical 1-bedroom costs $996 a month in Waco, TX versus $916 in Fort Wayne, IN. On $100,000, that's 15% of take-home pay in Waco, TX and 14% in Fort Wayne, IN.
- On $100,000, estimated state income tax is about $2,921 a year higher in Fort Wayne, IN than in Waco, TX.
- Both cities are in the same federal pay area (Rest of U.S.), so a GS-13 step 1 earns $106,437 in either. A transfer from Fort Wayne, IN to Waco, TX changes real buying power by +0.0%, purely from prices.
- Fort Wayne, IN: price level 92.6 (cheaper)
- Waco, TX: price level 92.5 (cheaper)
Map drawn from Census Bureau state boundaries and metro locations9,10; dot colours show BEA price levels2.
Side by side
| Fort Wayne, IN | Waco, TX | |
|---|---|---|
| Price level (U.S. = 100)2 | 92.6 | 92.5 |
| $100,000 is worth, in the other city2 | $99,976 in Waco | $100,024 in Fort Wayne |
| Typical 1-bedroom rent3 | $916/mo | $996/mo |
| Take-home on $100,00014,15,8 | $76,260 | $79,180 |
| State income tax on $100,000 (estimate)8 | $2,921 (IN) | $0 (TX) |
| Rent burden on $100,000 | 14% | 15% |
| Median pay, all jobs4 | $47,700 | $46,020 |
| Federal locality pay area7 | Rest of U.S. | Rest of U.S. |
Rent areas: Fort Wayne, IN HUD Metro FMR Area and Waco, TX HUD Metro FMR Area. Metro areas: Fort Wayne, IN and Waco, TX.
What costs more or less
| Price level (U.S. = 100) | Fort Wayne | Waco |
|---|---|---|
| Housing (rent) | 72.3 | 83.5 |
| Goods | 94.3 | 93.8 |
| Utilities | 86.2 | 81.0 |
| Other services | 99.1 | 96.2 |
| Overall | 92.6 | 92.5 |
Moving with the same $100,000 salary
Fort Wayne, IN → Waco, TX
Roughly even
Buying power +0.0%; rent takes 15% of take-home; state tax −$2,921/yr.
69 Fair offer
Waco, TX → Fort Wayne, IN
Roughly even
Buying power −0.0%; rent takes 14% of take-home; state tax +$2,921/yr.
69 Fair offer
On the GS pay scale?
Both metros are in the Rest of U.S. locality pay area, so GS salaries are identical. The last column shows what a transfer from Fort Wayne, IN to Waco, TX at the same grade and step does to real buying power.
| Grade5,2 | Fort Wayne, IN | Waco, TX | Real change, Fort Wayne → Waco |
|---|---|---|---|
| GS-9 step 1 | $61,722 | $61,722 | +0.0% |
| GS-11 step 1 | $74,678 | $74,678 | +0.0% |
| GS-12 step 1 | $89,508 | $89,508 | +0.0% |
| GS-13 step 1 | $106,437 | $106,437 | +0.0% |
| GS-14 step 1 | $125,776 | $125,776 | +0.0% |
Pay for common jobs
| Median annual pay4 | Fort Wayne, IN | Waco, TX | Waco pay in Fort Wayne dollars |
|---|---|---|---|
| Elementary School Teachers, Except Special Education | $59,800 | $59,100 | $59,114 (−1.1%) |
| Software Developers | $101,560 | $123,080 | $123,109 (+21.2%) |
| Accountants and Auditors | $75,250 | $76,140 | $76,158 (+1.2%) |
| Registered Nurses | $79,630 | $92,890 | $92,912 (+16.7%) |
"Not published" means BLS doesn't release an estimate for that job in that metro.