Cost of Living: Corona, CA vs Waco, TX (2026)

Corona

California
173
VS

Waco

Texas
72

Corona is 140% more expensive than Waco.

$2,136/mo ↑ 95%
Median Rent
$1,098/mo ↓ 49%
$106,438/yr ↑ 107%
Median Income
$51,468/yr ↓ 52%
$656,500 ↑ 229%
Home Value
$199,600 ↓ 70%
$2,280/mo ↑ 108%
Owner Costs
$1,094/mo ↓ 52%
158,839
Population
141,925

Tax Comparison

13.3%
Income Tax
0%
7.25%
State Sales Tax
6.25%
0.71%
Property Tax
1.6%

Affordability

24.1%
rent-to-income
Affordability
25.6%
rent-to-income

Detailed Comparison

When comparing Corona, CA and Waco, TX, the overall cost of living indices are 173 and 72 respectively (national median = 100). Rent is $1,038/month cheaper in Waco, saving renters about $12,456/year.

Median household income is $54,970/year higher in Corona. Home values also differ significantly — the median in Corona is $656,500 compared to $199,600 in Waco.

Texas has no state income tax, giving Waco residents a significant tax advantage over California's 13.3% rate.

Frequently Asked Questions

Corona vs Waco — common questions

Is Corona or Waco cheaper to live in?
Based on our cost index, Waco is cheaper to live in with an index of 72 compared to 173 (US average = 100).
What is the rent difference between Corona and Waco?
Median rent in Corona is $2,136/month and in Waco it's $1,098/month — a difference of $1,038/month.
Which city has higher income, Corona or Waco?
Median household income is $106,438 in Corona and $51,468 in Waco. Median household income is $54,970/year higher in Corona.
How do taxes compare between California and Texas?
California has 13.3% income tax, 7.25% sales tax, and 0.71% property tax. Texas has 0% income tax, 6.25% sales tax, and 1.6% property tax.
Should I move to Corona or Waco?
It depends on your priorities. Corona has a cost index of 173 with median rent of $2,136/mo, while Waco has a cost index of 72 with rent of $1,098/mo. Consider income potential, tax burden, and lifestyle preferences alongside raw cost data.
View Corona details → View Waco details →

More Comparisons

Other cost of living comparisons for Corona and Waco

Corona vs. Hayward Corona vs. Paterson Corona vs. Salinas Corona vs. Murfreesboro Corona vs. Palmdale Corona vs. Alexandria Waco vs. Visalia Waco vs. Fullerton Waco vs. Thornton Waco vs. Metairie Waco vs. Torrance Waco vs. Orange