Cost of Living: Waco, TX vs High Point, NC (2026)

Waco

Texas
72
VS

High Point

North Carolina
73

Waco and High Point have a similar cost of living.

$1,098/mo ↑ 3%
Median Rent
$1,062/mo ↓ 3%
$51,468/yr ↓ 16%
Median Income
$61,228/yr ↑ 19%
$199,600 ↓ 6%
Home Value
$212,400 ↑ 6%
$1,094/mo ≈ Same
Owner Costs
$1,084/mo ≈ Same
141,925
Population
115,263

Tax Comparison

0%
Income Tax
4.5%
6.25%
State Sales Tax
4.75%
1.6%
Property Tax
0.8%

Affordability

25.6%
rent-to-income
Affordability
20.8%
rent-to-income

Detailed Comparison

When comparing Waco, TX and High Point, NC, the overall cost of living indices are 72 and 73 respectively (national median = 100). Rent is comparable in both cities, with less than $50/month separating them.

Median household income is $9,760/year higher in High Point. Home values also differ significantly — the median in Waco is $199,600 compared to $212,400 in High Point.

Texas has no state income tax, giving Waco residents a significant tax advantage over North Carolina's 4.5% rate.

Frequently Asked Questions

Waco vs High Point — common questions

Is Waco or High Point cheaper to live in?
Based on our cost index, Waco is cheaper to live in with an index of 72 compared to 73 (US average = 100).
What is the rent difference between Waco and High Point?
Median rent in Waco is $1,098/month and in High Point it's $1,062/month — a difference of $36/month.
Which city has higher income, Waco or High Point?
Median household income is $51,468 in Waco and $61,228 in High Point. Median household income is $9,760/year higher in High Point.
How do taxes compare between Texas and North Carolina?
Texas has 0% income tax, 6.25% sales tax, and 1.6% property tax. North Carolina has 4.5% income tax, 4.75% sales tax, and 0.8% property tax.
Should I move to Waco or High Point?
It depends on your priorities. Waco has a cost index of 72 with median rent of $1,098/mo, while High Point has a cost index of 73 with rent of $1,062/mo. Consider income potential, tax burden, and lifestyle preferences alongside raw cost data.
View Waco details → View High Point details →

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