Waco, TX vs New Haven, CT: 72 vs 95

$1,098/mo ↓ 24%

Median Rent

$1,442/mo ↑ 31%

$51,468/yr ↓ 4%

Median Income

$53,771/yr ↑ 4%

$199,600 ↓ 20%

Home Value

$249,000 ↑ 25%

$1,094/mo ↓ 28%

Owner Costs

$1,520/mo ↑ 39%

141,925

Population

132,893

Detailed Comparison

When comparing Waco, TX and New Haven, CT, the overall cost of living indices are 72 and 95 respectively (national median = 100). Rent is $344/month cheaper in Waco, saving renters about $4,128/year.

Median household income is $2,303/year higher in New Haven. Home values also differ significantly — the median in Waco is $199,600 compared to $249,000 in New Haven.

Texas has no state income tax, giving Waco residents a significant tax advantage over Connecticut's 6.99% rate.

Frequently Asked Questions

Waco vs New Haven — common questions

Is Waco or New Haven cheaper to live in?

Based on our cost index, Waco is cheaper to live in with an index of 72 compared to 95 (US average = 100).

What is the rent difference between Waco and New Haven?

Median rent in Waco is $1,098/month and in New Haven it's $1,442/month — a difference of $344/month.

Which city has higher income, Waco or New Haven?

Median household income is $51,468 in Waco and $53,771 in New Haven. Median household income is $2,303/year higher in New Haven.

How do taxes compare between Texas and Connecticut?

Texas has 0% income tax, 6.25% sales tax, and 1.6% property tax. Connecticut has 6.99% income tax, 6.35% sales tax, and 2.15% property tax.

Should I move to Waco or New Haven?

It depends on your priorities. Waco has a cost index of 72 with median rent of $1,098/mo, while New Haven has a cost index of 95 with rent of $1,442/mo. Consider income potential, tax burden, and lifestyle preferences alongside raw cost data.

Cost of Living: Waco, TX vs New Haven, CT (2026)

Waco

New Haven

Tax Comparison

Affordability

Detailed Comparison

Frequently Asked Questions

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