City comparison
San Francisco, CA vs Waco, TX
What a paycheck is really worth in each city: prices, rent and state taxes.
Key findings
- Prices in San Francisco, CA are 24.9% higher than in Waco, TX. Someone earning $100,000 in Waco, TX would need about $124,900 in San Francisco, CA to live the same way.
- Rent is the bigger story: a typical 1-bedroom costs $2,977 a month in San Francisco, CA versus $996 in Waco, TX. On $100,000, that's 48% of take-home pay in San Francisco, CA and 15% in Waco, TX.
- On $100,000, estimated state income tax is about $5,070 a year higher in San Francisco, CA than in Waco, TX.
- For federal employees, locality pay changes a GS-13 step 1 salary by −20.0% moving from San Francisco, CA to Waco, TX ($133,060 → $106,437), while prices change by −19.9%. Net effect of the transfer: −0.1% in real buying power.
- San Francisco, CA: price level 115.6 (much pricier)
- 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
| San Francisco, CA | Waco, TX | |
|---|---|---|
| Price level (U.S. = 100)2 | 115.6 | 92.5 |
| $100,000 is worth, in the other city2 | $80,052 in Waco | $124,920 in San Francisco |
| Typical 1-bedroom rent3 | $2,977/mo | $996/mo |
| Take-home on $100,00014,15,8 | $74,110 | $79,180 |
| State income tax on $100,000 (estimate)8 | $5,070 (CA) | $0 (TX) |
| Rent burden on $100,000 | 48% | 15% |
| Median pay, all jobs4 | $74,260 | $46,020 |
| Federal locality pay area7 | San Jose-San Francisco-Oakland, CA | Rest of U.S. |
Rent areas: San Francisco, CA HUD Metro FMR Area and Waco, TX HUD Metro FMR Area. Metro areas: San Francisco-Oakland-Fremont, CA and Waco, TX.
What costs more or less
| Price level (U.S. = 100) | San Francisco | Waco |
|---|---|---|
| Housing (rent) | 194.7 | 83.5 |
| Goods | 108.5 | 93.8 |
| Utilities | 172.6 | 81.0 |
| Other services | 106.2 | 96.2 |
| Overall | 115.6 | 92.5 |
Moving with the same $100,000 salary
San Francisco, CA → Waco, TX
Same pay goes further
Buying power +24.9%; rent takes 15% of take-home; state tax −$5,070/yr.
100 Strong offer
Waco, TX → San Francisco, CA
Same pay buys less
Buying power −19.9%; rent takes 48% of take-home; state tax +$5,070/yr.
3 Weak offer
On the GS pay scale?
San Francisco, CA is in the San Jose-San Francisco-Oakland, CA pay area; Waco, TX is in Rest of U.S.. The last column shows what a transfer from San Francisco, CA to Waco, TX at the same grade and step does to real buying power.
| Grade5,2 | San Francisco, CA | Waco, TX | Real change, San Francisco → Waco |
|---|---|---|---|
| GS-9 step 1 | $77,161 | $61,722 | −0.1% |
| GS-11 step 1 | $93,358 | $74,678 | −0.1% |
| GS-12 step 1 | $111,896 | $89,508 | −0.1% |
| GS-13 step 1 | $133,060 | $106,437 | −0.1% |
| GS-14 step 1 | $157,236 | $125,776 | −0.1% |
Pay for common jobs
| Median annual pay4 | San Francisco, CA | Waco, TX | Waco pay in San Francisco dollars |
|---|---|---|---|
| Elementary School Teachers, Except Special Education | $101,860 | $59,100 | $73,827 (−27.5%) |
| Software Developers | $186,640 | $123,080 | $153,751 (−17.6%) |
| Accountants and Auditors | $110,730 | $76,140 | $95,114 (−14.1%) |
| Registered Nurses | $186,610 | $92,890 | $116,038 (−37.8%) |
"Not published" means BLS doesn't release an estimate for that job in that metro.