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

Irvine

California
256
VS

Waco

Texas
72

Irvine is 256% more expensive than Waco.

$2,893/mo ↑ 163%
Median Rent
$1,098/mo ↓ 62%
$129,647/yr ↑ 152%
Median Income
$51,468/yr ↓ 60%
$1,115,400 ↑ 459%
Home Value
$199,600 ↓ 82%
$2,904/mo ↑ 165%
Owner Costs
$1,094/mo ↓ 62%
308,160
Population
141,925

Tax Comparison

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

Affordability

26.8%
rent-to-income
Affordability
25.6%
rent-to-income

Detailed Comparison

When comparing Irvine, CA and Waco, TX, the overall cost of living indices are 256 and 72 respectively (national median = 100). Rent is $1,795/month cheaper in Waco, saving renters about $21,540/year.

Median household income is $78,179/year higher in Irvine. Home values also differ significantly — the median in Irvine is $1,115,400 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

Irvine vs Waco — common questions

Is Irvine or Waco cheaper to live in?
Based on our cost index, Waco is cheaper to live in with an index of 72 compared to 256 (US average = 100).
What is the rent difference between Irvine and Waco?
Median rent in Irvine is $2,893/month and in Waco it's $1,098/month — a difference of $1,795/month.
Which city has higher income, Irvine or Waco?
Median household income is $129,647 in Irvine and $51,468 in Waco. Median household income is $78,179/year higher in Irvine.
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 Irvine or Waco?
It depends on your priorities. Irvine has a cost index of 256 with median rent of $2,893/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 Irvine details → View Waco details →

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