Waco and Tuscaloosa have a similar cost of living.
When comparing Waco, TX and Tuscaloosa, AL, the overall cost of living indices are 72 and 73 respectively (national median = 100). Rent is $93/month cheaper in Tuscaloosa, saving renters about $1,116/year.
Median household income is $2,932/year higher in Waco. Home values also differ significantly — the median in Waco is $199,600 compared to $236,600 in Tuscaloosa.
Texas has no state income tax, giving Waco residents a significant tax advantage over Alabama's 5.0% rate.
Waco vs Tuscaloosa — common questions
Other cost of living comparisons for Waco and Tuscaloosa