Omaha, NE vs Waco, TX: 80 vs 72

$1,150/mo ↑ 5%

Median Rent

$1,098/mo ↓ 5%

$72,708/yr ↑ 41%

Median Income

$51,468/yr ↓ 29%

$230,100 ↑ 15%

Home Value

$199,600 ↓ 13%

$1,249/mo ↑ 14%

Owner Costs

$1,094/mo ↓ 12%

488,197

Population

141,925

Detailed Comparison

When comparing Omaha, NE and Waco, TX, the overall cost of living indices are 80 and 72 respectively (national median = 100). Rent is $52/month cheaper in Waco, saving renters about $624/year.

Median household income is $21,240/year higher in Omaha. Home values also differ significantly — the median in Omaha is $230,100 compared to $199,600 in Waco.

Texas has no state income tax, giving Waco residents a significant tax advantage over Nebraska's 6.64% rate.

Frequently Asked Questions

Omaha vs Waco — common questions

Is Omaha or Waco cheaper to live in?

Based on our cost index, Waco is cheaper to live in with an index of 72 compared to 80 (US average = 100).

What is the rent difference between Omaha and Waco?

Median rent in Omaha is $1,150/month and in Waco it's $1,098/month — a difference of $52/month.

Which city has higher income, Omaha or Waco?

Median household income is $72,708 in Omaha and $51,468 in Waco. Median household income is $21,240/year higher in Omaha.

How do taxes compare between Nebraska and Texas?

Nebraska has 6.64% income tax, 5.5% sales tax, and 1.73% property tax. Texas has 0% income tax, 6.25% sales tax, and 1.6% property tax.

Should I move to Omaha or Waco?

It depends on your priorities. Omaha has a cost index of 80 with median rent of $1,150/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: Omaha, NE vs Waco, TX (2026)

Omaha

Waco

Tax Comparison

Affordability

Detailed Comparison

Frequently Asked Questions

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