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

Waco

Texas
72
VS

Stamford

Connecticut
172

Waco is 58% cheaper than Stamford.

$1,098/mo ↓ 50%
Median Rent
$2,207/mo ↑ 101%
$51,468/yr ↓ 52%
Median Income
$107,474/yr ↑ 109%
$199,600 ↓ 68%
Home Value
$614,300 ↑ 208%
$1,094/mo ↓ 54%
Owner Costs
$2,358/mo ↑ 116%
141,925
Population
135,806

Tax Comparison

0%
Income Tax
6.99%
6.25%
State Sales Tax
6.35%
1.6%
Property Tax
2.15%

Affordability

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

Detailed Comparison

When comparing Waco, TX and Stamford, CT, the overall cost of living indices are 72 and 172 respectively (national median = 100). Rent is $1,109/month cheaper in Waco, saving renters about $13,308/year.

Median household income is $56,006/year higher in Stamford. Home values also differ significantly — the median in Waco is $199,600 compared to $614,300 in Stamford.

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

Frequently Asked Questions

Waco vs Stamford — common questions

Is Waco or Stamford cheaper to live in?
Based on our cost index, Waco is cheaper to live in with an index of 72 compared to 172 (US average = 100).
What is the rent difference between Waco and Stamford?
Median rent in Waco is $1,098/month and in Stamford it's $2,207/month — a difference of $1,109/month.
Which city has higher income, Waco or Stamford?
Median household income is $51,468 in Waco and $107,474 in Stamford. Median household income is $56,006/year higher in Stamford.
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 Stamford?
It depends on your priorities. Waco has a cost index of 72 with median rent of $1,098/mo, while Stamford has a cost index of 172 with rent of $2,207/mo. Consider income potential, tax burden, and lifestyle preferences alongside raw cost data.
View Waco details → View Stamford details →

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