Philadelphia, PA vs Waco, TX: 85 vs 72

$1,323/mo ↑ 20%

Median Rent

$1,098/mo ↓ 17%

$60,698/yr ↑ 18%

Median Income

$51,468/yr ↓ 15%

$232,400 ↑ 16%

Home Value

$199,600 ↓ 14%

$1,233/mo ↑ 13%

Owner Costs

$1,094/mo ↓ 11%

1,582,432

Population

141,925

Detailed Comparison

When comparing Philadelphia, PA and Waco, TX, the overall cost of living indices are 85 and 72 respectively (national median = 100). Rent is $225/month cheaper in Waco, saving renters about $2,700/year.

Median household income is $9,230/year higher in Philadelphia. Home values also differ significantly — the median in Philadelphia is $232,400 compared to $199,600 in Waco.

Texas has no state income tax, giving Waco residents a significant tax advantage over Pennsylvania's 3.07% rate.

Frequently Asked Questions

Philadelphia vs Waco — common questions

Is Philadelphia or Waco cheaper to live in?

Based on our cost index, Waco is cheaper to live in with an index of 72 compared to 85 (US average = 100).

What is the rent difference between Philadelphia and Waco?

Median rent in Philadelphia is $1,323/month and in Waco it's $1,098/month — a difference of $225/month.

Which city has higher income, Philadelphia or Waco?

Median household income is $60,698 in Philadelphia and $51,468 in Waco. Median household income is $9,230/year higher in Philadelphia.

How do taxes compare between Pennsylvania and Texas?

Pennsylvania has 3.07% income tax, 6.0% sales tax, and 1.49% property tax. Texas has 0% income tax, 6.25% sales tax, and 1.6% property tax.

Should I move to Philadelphia or Waco?

It depends on your priorities. Philadelphia has a cost index of 85 with median rent of $1,323/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: Philadelphia, PA vs Waco, TX (2026)

Philadelphia

Waco

Tax Comparison

Affordability

Detailed Comparison

Frequently Asked Questions

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