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

Waco

Texas
72
VS

Columbia

South Carolina
80

Waco is 10% cheaper than Columbia.

$1,098/mo ↓ 5%
Median Rent
$1,158/mo ↑ 5%
$51,468/yr ↓ 8%
Median Income
$55,653/yr ↑ 8%
$199,600 ↓ 18%
Home Value
$243,500 ↑ 22%
$1,094/mo ↓ 6%
Owner Costs
$1,169/mo ↑ 7%
141,925
Population
138,019

Tax Comparison

0%
Income Tax
6.4%
6.25%
State Sales Tax
6.0%
1.6%
Property Tax
0.57%

Affordability

25.6%
rent-to-income
Affordability
25.0%
rent-to-income

Detailed Comparison

When comparing Waco, TX and Columbia, SC, the overall cost of living indices are 72 and 80 respectively (national median = 100). Rent is $60/month cheaper in Waco, saving renters about $720/year.

Median household income is $4,185/year higher in Columbia. Home values also differ significantly — the median in Waco is $199,600 compared to $243,500 in Columbia.

Texas has no state income tax, giving Waco residents a significant tax advantage over South Carolina's 6.4% 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 $1,158/month — a difference of $60/month.
Which city has higher income, Waco or Columbia?
Median household income is $51,468 in Waco and $55,653 in Columbia. Median household income is $4,185/year higher in Columbia.
How do taxes compare between Texas and South Carolina?
Texas has 0% income tax, 6.25% sales tax, and 1.6% property tax. South Carolina has 6.4% income tax, 6.0% sales tax, and 0.57% 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 $1,158/mo. Consider income potential, tax burden, and lifestyle preferences alongside raw cost data.
View Waco details → View Columbia details →

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