Cost of Living: Waco, TX vs Westminster, CO (2026)

Waco

Texas
72
VS

Westminster

Colorado
139

Waco is 48% cheaper than Westminster.

$1,098/mo ↓ 40%
Median Rent
$1,816/mo ↑ 65%
$51,468/yr ↓ 46%
Median Income
$96,145/yr ↑ 87%
$199,600 ↓ 60%
Home Value
$497,400 ↑ 149%
$1,094/mo ↓ 41%
Owner Costs
$1,841/mo ↑ 68%
141,925
Population
115,546

Tax Comparison

0%
Income Tax
4.4%
6.25%
State Sales Tax
2.9%
1.6%
Property Tax
0.51%

Affordability

25.6%
rent-to-income
Affordability
22.7%
rent-to-income

Detailed Comparison

When comparing Waco, TX and Westminster, CO, the overall cost of living indices are 72 and 139 respectively (national median = 100). Rent is $718/month cheaper in Waco, saving renters about $8,616/year.

Median household income is $44,677/year higher in Westminster. Home values also differ significantly — the median in Waco is $199,600 compared to $497,400 in Westminster.

Texas has no state income tax, giving Waco residents a significant tax advantage over Colorado's 4.4% rate.

Frequently Asked Questions

Waco vs Westminster — common questions

Is Waco or Westminster cheaper to live in?
Based on our cost index, Waco is cheaper to live in with an index of 72 compared to 139 (US average = 100).
What is the rent difference between Waco and Westminster?
Median rent in Waco is $1,098/month and in Westminster it's $1,816/month — a difference of $718/month.
Which city has higher income, Waco or Westminster?
Median household income is $51,468 in Waco and $96,145 in Westminster. Median household income is $44,677/year higher in Westminster.
How do taxes compare between Texas and Colorado?
Texas has 0% income tax, 6.25% sales tax, and 1.6% property tax. Colorado has 4.4% income tax, 2.9% sales tax, and 0.51% property tax.
Should I move to Waco or Westminster?
It depends on your priorities. Waco has a cost index of 72 with median rent of $1,098/mo, while Westminster has a cost index of 139 with rent of $1,816/mo. Consider income potential, tax burden, and lifestyle preferences alongside raw cost data.
View Waco details → View Westminster details →

More Comparisons

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