Waco, TX vs Broken Arrow, OK: 72 vs 83

$1,098/mo ↓ 11%

Median Rent

$1,240/mo ↑ 13%

$51,468/yr ↓ 40%

Median Income

$85,220/yr ↑ 66%

$199,600 ↓ 13%

Home Value

$229,300 ↑ 15%

$1,094/mo ↓ 15%

Owner Costs

$1,283/mo ↑ 17%

141,925

Population

115,919

Detailed Comparison

When comparing Waco, TX and Broken Arrow, OK, the overall cost of living indices are 72 and 83 respectively (national median = 100). Rent is $142/month cheaper in Waco, saving renters about $1,704/year.

Median household income is $33,752/year higher in Broken Arrow. Home values also differ significantly — the median in Waco is $199,600 compared to $229,300 in Broken Arrow.

Texas has no state income tax, giving Waco residents a significant tax advantage over Oklahoma's 4.75% rate.

Frequently Asked Questions

Waco vs Broken Arrow — common questions

Is Waco or Broken Arrow cheaper to live in?

Based on our cost index, Waco is cheaper to live in with an index of 72 compared to 83 (US average = 100).

What is the rent difference between Waco and Broken Arrow?

Median rent in Waco is $1,098/month and in Broken Arrow it's $1,240/month — a difference of $142/month.

Which city has higher income, Waco or Broken Arrow?

Median household income is $51,468 in Waco and $85,220 in Broken Arrow. Median household income is $33,752/year higher in Broken Arrow.

How do taxes compare between Texas and Oklahoma?

Texas has 0% income tax, 6.25% sales tax, and 1.6% property tax. Oklahoma has 4.75% income tax, 4.5% sales tax, and 0.9% property tax.

Should I move to Waco or Broken Arrow?

It depends on your priorities. Waco has a cost index of 72 with median rent of $1,098/mo, while Broken Arrow has a cost index of 83 with rent of $1,240/mo. Consider income potential, tax burden, and lifestyle preferences alongside raw cost data.

Cost of Living: Waco, TX vs Broken Arrow, OK (2026)

Waco

Broken Arrow

Tax Comparison

Affordability

Detailed Comparison

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