Waco, TX vs Columbia, MO: 72 vs 80

$1,098/mo ↑ 3%

Median Rent

$1,067/mo ↓ 3%

$51,468/yr ↓ 20%

Median Income

$64,488/yr ↑ 25%

$199,600 ↓ 26%

Home Value

$268,300 ↑ 34%

$1,094/mo ↓ 2%

Owner Costs

$1,114/mo ↑ 2%

141,925

Population

127,200

Detailed Comparison

When comparing Waco, TX and Columbia, MO, the overall cost of living indices are 72 and 80 respectively (national median = 100). Rent is comparable in both cities, with less than $50/month separating them.

Median household income is $13,020/year higher in Columbia. Home values also differ significantly — the median in Waco is $199,600 compared to $268,300 in Columbia.

Texas has no state income tax, giving Waco residents a significant tax advantage over Missouri's 4.95% rate.

Frequently Asked Questions

Waco vs Columbia — common questions

Is Waco or Columbia cheaper to live in?

Based on our cost index, Waco is cheaper to live in with an index of 72 compared to 80 (US average = 100).

What is the rent difference between Waco and Columbia?

Median rent in Waco is $1,098/month and in Columbia it's $1,067/month — a difference of $31/month.

Which city has higher income, Waco or Columbia?

Median household income is $51,468 in Waco and $64,488 in Columbia. Median household income is $13,020/year higher in Columbia.

How do taxes compare between Texas and Missouri?

Texas has 0% income tax, 6.25% sales tax, and 1.6% property tax. Missouri has 4.95% income tax, 4.225% sales tax, and 0.93% property tax.

Should I move to Waco or Columbia?

It depends on your priorities. Waco has a cost index of 72 with median rent of $1,098/mo, while Columbia has a cost index of 80 with rent of $1,067/mo. Consider income potential, tax burden, and lifestyle preferences alongside raw cost data.

Cost of Living: Waco, TX vs Columbia, MO (2026)

Waco

Columbia

Tax Comparison

Affordability

Detailed Comparison

Frequently Asked Questions

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