Cost of Living: Waco, TX vs Carrollton, TX (2026)

Waco

Texas
72
VS

Carrollton

Texas
116

Waco is 38% cheaper than Carrollton.

$1,098/mo ↓ 34%
Median Rent
$1,674/mo ↑ 52%
$51,468/yr ↓ 48%
Median Income
$99,115/yr ↑ 93%
$199,600 ↓ 44%
Home Value
$353,600 ↑ 77%
$1,094/mo ↓ 35%
Owner Costs
$1,689/mo ↑ 54%
141,925
Population
132,741

Tax Comparison

0%
Income Tax
0%
6.25%
State Sales Tax
6.25%
1.6%
Property Tax
1.6%

Affordability

25.6%
rent-to-income
Affordability
20.3%
rent-to-income

Detailed Comparison

When comparing Waco, TX and Carrollton, TX, the overall cost of living indices are 72 and 116 respectively (national median = 100). Rent is $576/month cheaper in Waco, saving renters about $6,912/year.

Median household income is $47,647/year higher in Carrollton. Home values also differ significantly — the median in Waco is $199,600 compared to $353,600 in Carrollton.

Both cities share the same state tax structure since they are in Texas.

Frequently Asked Questions

Waco vs Carrollton — common questions

Is Waco or Carrollton cheaper to live in?
Based on our cost index, Waco is cheaper to live in with an index of 72 compared to 116 (US average = 100).
What is the rent difference between Waco and Carrollton?
Median rent in Waco is $1,098/month and in Carrollton it's $1,674/month — a difference of $576/month.
Which city has higher income, Waco or Carrollton?
Median household income is $51,468 in Waco and $99,115 in Carrollton. Median household income is $47,647/year higher in Carrollton.
How do taxes compare between Texas and Texas?
Both cities are in Texas and share the same state tax rates: 0% income tax, 6.25% sales tax, and 1.6% property tax.
Should I move to Waco or Carrollton?
It depends on your priorities. Waco has a cost index of 72 with median rent of $1,098/mo, while Carrollton has a cost index of 116 with rent of $1,674/mo. Consider income potential, tax burden, and lifestyle preferences alongside raw cost data.
View Waco details → View Carrollton details →

More Comparisons

Other cost of living comparisons for Waco and Carrollton

Waco vs. Visalia Waco vs. Fullerton Waco vs. Thornton Waco vs. Metairie Waco vs. Torrance Waco vs. Orange Carrollton vs. New Haven Carrollton vs. Santa Clara Carrollton vs. Sterling Heights Carrollton vs. Fargo Carrollton vs. Coral Springs Carrollton vs. Norman