City comparison
Tampa, FL vs Waco, TX
What a paycheck is really worth in each city: prices, rent and state taxes.
Key findings
- Prices in Tampa, FL are 9.0% higher than in Waco, TX. Someone earning $100,000 in Waco, TX would need about $109,000 in Tampa, FL to live the same way.
- Rent is the bigger story: a typical 1-bedroom costs $1,696 a month in Tampa, FL versus $996 in Waco, TX. On $100,000, that's 26% of take-home pay in Tampa, 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 Tampa, FL to Waco, TX changes real buying power by +9.0%, purely from prices.
- Tampa, FL: price level 100.9 (about average)
- 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
| Tampa, FL | Waco, TX | |
|---|---|---|
| Price level (U.S. = 100)2 | 100.9 | 92.5 |
| $100,000 is worth, in the other city2 | $91,734 in Waco | $109,011 in Tampa |
| Typical 1-bedroom rent3 | $1,696/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 | 26% | 15% |
| Median pay, all jobs4 | $48,940 | $46,020 |
| Federal locality pay area7 | Rest of U.S. | Rest of U.S. |
Rent areas: Tampa-St. Petersburg-Clearwater, FL MSA and Waco, TX HUD Metro FMR Area. Metro areas: Tampa-St. Petersburg-Clearwater, FL and Waco, TX.
What costs more or less
| Price level (U.S. = 100) | Tampa | Waco |
|---|---|---|
| Housing (rent) | 125.8 | 83.5 |
| Goods | 95.5 | 93.8 |
| Utilities | 88.5 | 81.0 |
| Other services | 97.6 | 96.2 |
| Overall | 100.9 | 92.5 |
Moving with the same $100,000 salary
Tampa, FL → Waco, TX
Same pay goes further
Buying power +9.0%; rent takes 15% of take-home; state tax +$0/yr.
97 Strong offer
Waco, TX → Tampa, FL
Same pay buys less
Buying power −8.3%; rent takes 26% of take-home; state tax +$0/yr.
42 Weak 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 Tampa, FL to Waco, TX at the same grade and step does to real buying power.
| Grade5,2 | Tampa, FL | Waco, TX | Real change, Tampa → Waco |
|---|---|---|---|
| GS-9 step 1 | $61,722 | $61,722 | +9.0% |
| GS-11 step 1 | $74,678 | $74,678 | +9.0% |
| GS-12 step 1 | $89,508 | $89,508 | +9.0% |
| GS-13 step 1 | $106,437 | $106,437 | +9.0% |
| GS-14 step 1 | $125,776 | $125,776 | +9.0% |
Pay for common jobs
| Median annual pay4 | Tampa, FL | Waco, TX | Waco pay in Tampa dollars |
|---|---|---|---|
| Elementary School Teachers, Except Special Education | $60,120 | $59,100 | $64,426 (+7.2%) |
| Software Developers | $130,450 | $123,080 | $134,171 (+2.9%) |
| Accountants and Auditors | $78,990 | $76,140 | $83,001 (+5.1%) |
| Registered Nurses | $85,470 | $92,890 | $101,261 (+18.5%) |
"Not published" means BLS doesn't release an estimate for that job in that metro.