Cost of Living: Waco, TX vs Gresham, OR (2026)

Waco

Texas
72
VS

Gresham

Oregon
119

Waco is 39% cheaper than Gresham.

$1,098/mo ↓ 27%
Median Rent
$1,508/mo ↑ 37%
$51,468/yr ↓ 30%
Median Income
$73,608/yr ↑ 43%
$199,600 ↓ 55%
Home Value
$440,000 ↑ 120%
$1,094/mo ↓ 31%
Owner Costs
$1,590/mo ↑ 45%
141,925
Population
112,818

Tax Comparison

0%
Income Tax
9.9%
6.25%
State Sales Tax
0%
1.6%
Property Tax
0.93%

Affordability

25.6%
rent-to-income
Affordability
24.6%
rent-to-income

Detailed Comparison

When comparing Waco, TX and Gresham, OR, the overall cost of living indices are 72 and 119 respectively (national median = 100). Rent is $410/month cheaper in Waco, saving renters about $4,920/year.

Median household income is $22,140/year higher in Gresham. Home values also differ significantly — the median in Waco is $199,600 compared to $440,000 in Gresham.

Texas has no state income tax, giving Waco residents a significant tax advantage over Oregon's 9.9% rate.

Frequently Asked Questions

Waco vs Gresham — common questions

Is Waco or Gresham cheaper to live in?
Based on our cost index, Waco is cheaper to live in with an index of 72 compared to 119 (US average = 100).
What is the rent difference between Waco and Gresham?
Median rent in Waco is $1,098/month and in Gresham it's $1,508/month — a difference of $410/month.
Which city has higher income, Waco or Gresham?
Median household income is $51,468 in Waco and $73,608 in Gresham. Median household income is $22,140/year higher in Gresham.
How do taxes compare between Texas and Oregon?
Texas has 0% income tax, 6.25% sales tax, and 1.6% property tax. Oregon has 9.9% income tax, 0% sales tax, and 0.93% property tax.
Should I move to Waco or Gresham?
It depends on your priorities. Waco has a cost index of 72 with median rent of $1,098/mo, while Gresham has a cost index of 119 with rent of $1,508/mo. Consider income potential, tax burden, and lifestyle preferences alongside raw cost data.
View Waco details → View Gresham details →

More Comparisons

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