Cost of Living: Greensboro, NC vs Waco, TX (2026)

Greensboro

North Carolina
76
VS

Waco

Texas
72

Greensboro is 6% more expensive than Waco.

$1,114/mo ↑ 1%
Median Rent
$1,098/mo ↓ 1%
$58,884/yr ↑ 14%
Median Income
$51,468/yr ↓ 13%
$221,300 ↑ 11%
Home Value
$199,600 ↓ 10%
$1,107/mo ↑ 1%
Owner Costs
$1,094/mo ↓ 1%
298,564
Population
141,925

Tax Comparison

4.5%
Income Tax
0%
4.75%
State Sales Tax
6.25%
0.8%
Property Tax
1.6%

Affordability

22.7%
rent-to-income
Affordability
25.6%
rent-to-income

Detailed Comparison

When comparing Greensboro, NC and Waco, TX, the overall cost of living indices are 76 and 72 respectively (national median = 100). Rent is comparable in both cities, with less than $50/month separating them.

Median household income is $7,416/year higher in Greensboro. Home values also differ significantly — the median in Greensboro is $221,300 compared to $199,600 in Waco.

Texas has no state income tax, giving Waco residents a significant tax advantage over North Carolina's 4.5% rate.

Frequently Asked Questions

Greensboro vs Waco — common questions

Is Greensboro or Waco cheaper to live in?
Based on our cost index, Waco is cheaper to live in with an index of 72 compared to 76 (US average = 100).
What is the rent difference between Greensboro and Waco?
Median rent in Greensboro is $1,114/month and in Waco it's $1,098/month — a difference of $16/month.
Which city has higher income, Greensboro or Waco?
Median household income is $58,884 in Greensboro and $51,468 in Waco. Median household income is $7,416/year higher in Greensboro.
How do taxes compare between North Carolina and Texas?
North Carolina has 4.5% income tax, 4.75% sales tax, and 0.8% property tax. Texas has 0% income tax, 6.25% sales tax, and 1.6% property tax.
Should I move to Greensboro or Waco?
It depends on your priorities. Greensboro has a cost index of 76 with median rent of $1,114/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 Greensboro details → View Waco details →

More Comparisons

Other cost of living comparisons for Greensboro and Waco

Greensboro vs. Pittsburgh Greensboro vs. St. Louis Greensboro vs. Newark Greensboro vs. Lincoln Greensboro vs. St. Paul Greensboro vs. Jersey City Waco vs. Visalia Waco vs. Fullerton Waco vs. Thornton Waco vs. Metairie Waco vs. Torrance Waco vs. Orange