Cost of Living: Syracuse, NY vs Waco, TX (2026)

Syracuse

New York
59
VS

Waco

Texas
72

Syracuse is 18% cheaper than Waco.

$998/mo ↓ 9%
Median Rent
$1,098/mo ↑ 10%
$45,845/yr ↓ 11%
Median Income
$51,468/yr ↑ 12%
$125,100 ↓ 37%
Home Value
$199,600 ↑ 60%
$980/mo ↓ 10%
Owner Costs
$1,094/mo ↑ 12%
146,211
Population
141,925

Tax Comparison

10.9%
Income Tax
0%
4.0%
State Sales Tax
6.25%
1.62%
Property Tax
1.6%

Affordability

26.1%
rent-to-income
Affordability
25.6%
rent-to-income

Detailed Comparison

When comparing Syracuse, NY and Waco, TX, the overall cost of living indices are 59 and 72 respectively (national median = 100). Rent is $100/month cheaper in Syracuse, saving renters about $1,200/year.

Median household income is $5,623/year higher in Waco. Home values also differ significantly — the median in Syracuse is $125,100 compared to $199,600 in Waco.

Texas has no state income tax, giving Waco residents a significant tax advantage over New York's 10.9% rate.

Frequently Asked Questions

Syracuse vs Waco — common questions

Is Syracuse or Waco cheaper to live in?
Based on our cost index, Syracuse is cheaper to live in with an index of 59 compared to 72 (US average = 100).
What is the rent difference between Syracuse and Waco?
Median rent in Syracuse is $998/month and in Waco it's $1,098/month — a difference of $100/month.
Which city has higher income, Syracuse or Waco?
Median household income is $45,845 in Syracuse and $51,468 in Waco. Median household income is $5,623/year higher in Waco.
How do taxes compare between New York and Texas?
New York has 10.9% income tax, 4.0% sales tax, and 1.62% property tax. Texas has 0% income tax, 6.25% sales tax, and 1.6% property tax.
Should I move to Syracuse or Waco?
It depends on your priorities. Syracuse has a cost index of 59 with median rent of $998/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 Syracuse details → View Waco details →

More Comparisons

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Syracuse vs. Denton Syracuse vs. McAllen Syracuse vs. Savannah Syracuse vs. Olathe Syracuse vs. Rockford Syracuse vs. Gainesville Waco vs. Visalia Waco vs. Fullerton Waco vs. Thornton Waco vs. Metairie Waco vs. Torrance Waco vs. Orange