Cost of Living: Waco, TX vs Spring Hill, FL (2026)

Waco

Texas
72
VS

Spring Hill

Florida
85

Waco is 15% cheaper than Spring Hill.

$1,098/mo ↓ 16%
Median Rent
$1,301/mo ↑ 18%
$51,468/yr ↓ 23%
Median Income
$66,557/yr ↑ 29%
$199,600 ↓ 20%
Home Value
$248,400 ↑ 24%
$1,094/mo ↓ 5%
Owner Costs
$1,153/mo ↑ 5%
141,925
Population
118,814

Tax Comparison

0%
Income Tax
0%
6.25%
State Sales Tax
6.0%
1.6%
Property Tax
0.86%

Affordability

25.6%
rent-to-income
Affordability
23.5%
rent-to-income

Detailed Comparison

When comparing Waco, TX and Spring Hill, FL, the overall cost of living indices are 72 and 85 respectively (national median = 100). Rent is $203/month cheaper in Waco, saving renters about $2,436/year.

Median household income is $15,089/year higher in Spring Hill. Home values also differ significantly — the median in Waco is $199,600 compared to $248,400 in Spring Hill.

Frequently Asked Questions

Waco vs Spring Hill — common questions

Is Waco or Spring Hill cheaper to live in?
Based on our cost index, Waco is cheaper to live in with an index of 72 compared to 85 (US average = 100).
What is the rent difference between Waco and Spring Hill?
Median rent in Waco is $1,098/month and in Spring Hill it's $1,301/month — a difference of $203/month.
Which city has higher income, Waco or Spring Hill?
Median household income is $51,468 in Waco and $66,557 in Spring Hill. Median household income is $15,089/year higher in Spring Hill.
How do taxes compare between Texas and Florida?
Texas has 0% income tax, 6.25% sales tax, and 1.6% property tax. Florida has 0% income tax, 6.0% sales tax, and 0.86% property tax.
Should I move to Waco or Spring Hill?
It depends on your priorities. Waco has a cost index of 72 with median rent of $1,098/mo, while Spring Hill has a cost index of 85 with rent of $1,301/mo. Consider income potential, tax burden, and lifestyle preferences alongside raw cost data.
View Waco details → View Spring Hill details →

More Comparisons

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