Reno, NV vs Waco, TX: 122 vs 72

$1,453/mo ↑ 32%

Median Rent

$1,098/mo ↓ 24%

$78,448/yr ↑ 52%

Median Income

$51,468/yr ↓ 34%

$498,600 ↑ 150%

Home Value

$199,600 ↓ 60%

$1,482/mo ↑ 35%

Owner Costs

$1,094/mo ↓ 26%

268,959

Population

141,925

Detailed Comparison

When comparing Reno, NV and Waco, TX, the overall cost of living indices are 122 and 72 respectively (national median = 100). Rent is $355/month cheaper in Waco, saving renters about $4,260/year.

Median household income is $26,980/year higher in Reno. Home values also differ significantly — the median in Reno is $498,600 compared to $199,600 in Waco.

Frequently Asked Questions

Reno vs Waco — common questions

Is Reno or Waco cheaper to live in?

Based on our cost index, Waco is cheaper to live in with an index of 72 compared to 122 (US average = 100).

What is the rent difference between Reno and Waco?

Median rent in Reno is $1,453/month and in Waco it's $1,098/month — a difference of $355/month.

Which city has higher income, Reno or Waco?

Median household income is $78,448 in Reno and $51,468 in Waco. Median household income is $26,980/year higher in Reno.

How do taxes compare between Nevada and Texas?

Nevada has 0% income tax, 6.85% sales tax, and 0.53% property tax. Texas has 0% income tax, 6.25% sales tax, and 1.6% property tax.

Should I move to Reno or Waco?

It depends on your priorities. Reno has a cost index of 122 with median rent of $1,453/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: Reno, NV vs Waco, TX (2026)

Reno

Waco

Tax Comparison

Affordability

Detailed Comparison

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