Newport News, VA vs Waco, TX: 87 vs 72

$1,285/mo ↑ 17%

Median Rent

$1,098/mo ↓ 15%

$66,718/yr ↑ 30%

Median Income

$51,468/yr ↓ 23%

$243,300 ↑ 22%

Home Value

$199,600 ↓ 18%

$1,328/mo ↑ 21%

Owner Costs

$1,094/mo ↓ 18%

184,774

Population

141,925

Detailed Comparison

When comparing Newport News, VA and Waco, TX, the overall cost of living indices are 87 and 72 respectively (national median = 100). Rent is $187/month cheaper in Waco, saving renters about $2,244/year.

Median household income is $15,250/year higher in Newport News. Home values also differ significantly — the median in Newport News is $243,300 compared to $199,600 in Waco.

Texas has no state income tax, giving Waco residents a significant tax advantage over Virginia's 5.75% rate.

Frequently Asked Questions

Newport News vs Waco — common questions

Is Newport News or Waco cheaper to live in?

Based on our cost index, Waco is cheaper to live in with an index of 72 compared to 87 (US average = 100).

What is the rent difference between Newport News and Waco?

Median rent in Newport News is $1,285/month and in Waco it's $1,098/month — a difference of $187/month.

Which city has higher income, Newport News or Waco?

Median household income is $66,718 in Newport News and $51,468 in Waco. Median household income is $15,250/year higher in Newport News.

How do taxes compare between Virginia and Texas?

Virginia has 5.75% income tax, 5.3% 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 Newport News or Waco?

It depends on your priorities. Newport News has a cost index of 87 with median rent of $1,285/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.

Cost of Living: Newport News, VA vs Waco, TX (2026)

Newport News

Waco

Tax Comparison

Affordability

Detailed Comparison

Frequently Asked Questions

More Comparisons