Cost of Living: Hialeah, FL vs Waco, TX (2026)

Hialeah

Florida
109
VS

Waco

Texas
72

Hialeah is 51% more expensive than Waco.

$1,558/mo ↑ 42%
Median Rent
$1,098/mo ↓ 30%
$53,079/yr ↑ 3%
Median Income
$51,468/yr ↓ 3%
$359,200 ↑ 80%
Home Value
$199,600 ↓ 44%
$1,448/mo ↑ 32%
Owner Costs
$1,094/mo ↓ 24%
221,901
Population
141,925

Tax Comparison

0%
Income Tax
0%
6.0%
State Sales Tax
6.25%
0.86%
Property Tax
1.6%

Affordability

35.2%
rent-to-income
Affordability
25.6%
rent-to-income

Detailed Comparison

When comparing Hialeah, FL and Waco, TX, the overall cost of living indices are 109 and 72 respectively (national median = 100). Rent is $460/month cheaper in Waco, saving renters about $5,520/year.

Median household income is $1,611/year higher in Hialeah. Home values also differ significantly — the median in Hialeah is $359,200 compared to $199,600 in Waco.

Frequently Asked Questions

Hialeah vs Waco — common questions

Is Hialeah or Waco cheaper to live in?
Based on our cost index, Waco is cheaper to live in with an index of 72 compared to 109 (US average = 100).
What is the rent difference between Hialeah and Waco?
Median rent in Hialeah is $1,558/month and in Waco it's $1,098/month — a difference of $460/month.
Which city has higher income, Hialeah or Waco?
Median household income is $53,079 in Hialeah and $51,468 in Waco. Median household income is $1,611/year higher in Hialeah.
How do taxes compare between Florida and Texas?
Florida has 0% income tax, 6.0% sales tax, and 0.86% property tax. Texas has 0% income tax, 6.25% sales tax, and 1.6% property tax.
Should I move to Hialeah or Waco?
It depends on your priorities. Hialeah has a cost index of 109 with median rent of $1,558/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 Hialeah details → View Waco details →

More Comparisons

Other cost of living comparisons for Hialeah and Waco

Hialeah vs. Baton Rouge Hialeah vs. San Bernardino Hialeah vs. Richmond Hialeah vs. Tacoma Hialeah vs. Fremont Hialeah vs. Port St. Lucie Waco vs. Visalia Waco vs. Fullerton Waco vs. Thornton Waco vs. Metairie Waco vs. Torrance Waco vs. Orange