Cost of Living: Waco, TX vs West Palm Beach, FL (2026)

Waco

Texas
72
VS

West Palm Beach

Florida
119

Waco is 39% cheaper than West Palm Beach.

$1,098/mo ↓ 36%
Median Rent
$1,709/mo ↑ 56%
$51,468/yr ↓ 26%
Median Income
$69,261/yr ↑ 35%
$199,600 ↓ 46%
Home Value
$369,800 ↑ 85%
$1,094/mo ↓ 34%
Owner Costs
$1,667/mo ↑ 52%
141,925
Population
119,508

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
29.6%
rent-to-income

Detailed Comparison

When comparing Waco, TX and West Palm Beach, FL, the overall cost of living indices are 72 and 119 respectively (national median = 100). Rent is $611/month cheaper in Waco, saving renters about $7,332/year.

Median household income is $17,793/year higher in West Palm Beach. Home values also differ significantly — the median in Waco is $199,600 compared to $369,800 in West Palm Beach.

Frequently Asked Questions

Waco vs West Palm Beach — common questions

Is Waco or West Palm Beach cheaper to live in?
Based on our cost index, Waco is cheaper to live in with an index of 72 compared to 119 (US average = 100).
What is the rent difference between Waco and West Palm Beach?
Median rent in Waco is $1,098/month and in West Palm Beach it's $1,709/month — a difference of $611/month.
Which city has higher income, Waco or West Palm Beach?
Median household income is $51,468 in Waco and $69,261 in West Palm Beach. Median household income is $17,793/year higher in West Palm Beach.
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 West Palm Beach?
It depends on your priorities. Waco has a cost index of 72 with median rent of $1,098/mo, while West Palm Beach has a cost index of 119 with rent of $1,709/mo. Consider income potential, tax burden, and lifestyle preferences alongside raw cost data.
View Waco details → View West Palm Beach details →

More Comparisons

Other cost of living comparisons for Waco and West Palm Beach

Waco vs. Visalia Waco vs. Fullerton Waco vs. Thornton Waco vs. Metairie Waco vs. Torrance Waco vs. Orange West Palm Beach vs. Hartford West Palm Beach vs. Spring Hill West Palm Beach vs. Fairfield West Palm Beach vs. Wilmington West Palm Beach vs. Berkeley West Palm Beach vs. Billings