Cost of Living: Frisco, TX vs Waco, TX (2026)

Frisco

Texas
162
VS

Waco

Texas
72

Frisco is 125% more expensive than Waco.

$1,902/mo ↑ 73%
Median Rent
$1,098/mo ↓ 42%
$146,158/yr ↑ 184%
Median Income
$51,468/yr ↓ 65%
$595,400 ↑ 198%
Home Value
$199,600 ↓ 66%
$2,389/mo ↑ 118%
Owner Costs
$1,094/mo ↓ 54%
210,238
Population
141,925

Tax Comparison

0%
Income Tax
0%
6.25%
State Sales Tax
6.25%
1.6%
Property Tax
1.6%

Affordability

15.6%
rent-to-income
Affordability
25.6%
rent-to-income

Detailed Comparison

When comparing Frisco, TX and Waco, TX, the overall cost of living indices are 162 and 72 respectively (national median = 100). Rent is $804/month cheaper in Waco, saving renters about $9,648/year.

Median household income is $94,690/year higher in Frisco. Home values also differ significantly — the median in Frisco is $595,400 compared to $199,600 in Waco.

Both cities share the same state tax structure since they are in Texas.

Frequently Asked Questions

Frisco vs Waco — common questions

Is Frisco or Waco cheaper to live in?
Based on our cost index, Waco is cheaper to live in with an index of 72 compared to 162 (US average = 100).
What is the rent difference between Frisco and Waco?
Median rent in Frisco is $1,902/month and in Waco it's $1,098/month — a difference of $804/month.
Which city has higher income, Frisco or Waco?
Median household income is $146,158 in Frisco and $51,468 in Waco. Median household income is $94,690/year higher in Frisco.
How do taxes compare between Texas and Texas?
Both cities are in Texas and share the same state tax rates: 0% income tax, 6.25% sales tax, and 1.6% property tax.
Should I move to Frisco or Waco?
It depends on your priorities. Frisco has a cost index of 162 with median rent of $1,902/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 Frisco details → View Waco details →

More Comparisons

Other cost of living comparisons for Frisco and Waco

Frisco vs. Moreno Valley Frisco vs. Rochester Frisco vs. Fontana Frisco vs. Fayetteville Frisco vs. Des Moines Frisco vs. Yonkers Waco vs. Visalia Waco vs. Fullerton Waco vs. Thornton Waco vs. Metairie Waco vs. Torrance Waco vs. Orange