City comparison
Gainesville, FL vs Waco, TX
What a paycheck is really worth in each city: prices, rent and state taxes.
Key findings
- Prices in Gainesville, FL are 4.5% higher than in Waco, TX. Someone earning $100,000 in Waco, TX would need about $104,500 in Gainesville, FL to live the same way.
- Rent is the bigger story: a typical 1-bedroom costs $1,246 a month in Gainesville, FL versus $996 in Waco, TX. On $100,000, that's 19% of take-home pay in Gainesville, FL and 15% in Waco, TX.
- Estimated state income tax on $100,000 is close: $0 a year in FL and $0 in 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 Gainesville, FL to Waco, TX changes real buying power by +4.5%, purely from prices.
- Gainesville, FL: price level 96.7 (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
| Gainesville, FL | Waco, TX | |
|---|---|---|
| Price level (U.S. = 100)2 | 96.7 | 92.5 |
| $100,000 is worth, in the other city2 | $95,676 in Waco | $104,520 in Gainesville |
| Typical 1-bedroom rent3 | $1,246/mo | $996/mo |
| Take-home on $100,00014,15,8 | $79,180 | $79,180 |
| State income tax on $100,000 (estimate)8 | $0 (FL) | $0 (TX) |
| Rent burden on $100,000 | 19% | 15% |
| Median pay, all jobs4 | $47,020 | $46,020 |
| Federal locality pay area7 | Rest of U.S. | Rest of U.S. |
Rent areas: Gainesville, FL HUD Metro FMR Area and Waco, TX HUD Metro FMR Area. Metro areas: Gainesville, FL and Waco, TX.
What costs more or less
| Price level (U.S. = 100) | Gainesville | Waco |
|---|---|---|
| Housing (rent) | 93.0 | 83.5 |
| Goods | 96.2 | 93.8 |
| Utilities | 88.2 | 81.0 |
| Other services | 98.9 | 96.2 |
| Overall | 96.7 | 92.5 |
Moving with the same $100,000 salary
Gainesville, FL → Waco, TX
Same pay goes further
Buying power +4.5%; rent takes 15% of take-home; state tax +$0/yr.
83 Strong offer
Waco, TX → Gainesville, FL
Same pay buys less
Buying power −4.3%; rent takes 19% of take-home; state tax +$0/yr.
55 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 Gainesville, FL to Waco, TX at the same grade and step does to real buying power.
| Grade5,2 | Gainesville, FL | Waco, TX | Real change, Gainesville → Waco |
|---|---|---|---|
| GS-9 step 1 | $61,722 | $61,722 | +4.5% |
| GS-11 step 1 | $74,678 | $74,678 | +4.5% |
| GS-12 step 1 | $89,508 | $89,508 | +4.5% |
| GS-13 step 1 | $106,437 | $106,437 | +4.5% |
| GS-14 step 1 | $125,776 | $125,776 | +4.5% |
Pay for common jobs
| Median annual pay4 | Gainesville, FL | Waco, TX | Waco pay in Gainesville dollars |
|---|---|---|---|
| Elementary School Teachers, Except Special Education | $56,430 | $59,100 | $61,771 (+9.5%) |
| Software Developers | $122,950 | $123,080 | $128,643 (+4.6%) |
| Accountants and Auditors | $75,820 | $76,140 | $79,581 (+5.0%) |
| Registered Nurses | $81,870 | $92,890 | $97,088 (+18.6%) |
"Not published" means BLS doesn't release an estimate for that job in that metro.