Cost of Living: Yonkers, NY vs Waco, TX (2026)

Yonkers

New York
133
VS

Waco

Texas
72

Yonkers is 85% more expensive than Waco.

$1,730/mo ↑ 58%
Median Rent
$1,098/mo ↓ 37%
$81,816/yr ↑ 59%
Median Income
$51,468/yr ↓ 37%
$478,000 ↑ 139%
Home Value
$199,600 ↓ 58%
$1,759/mo ↑ 61%
Owner Costs
$1,094/mo ↓ 38%
209,529
Population
141,925

Tax Comparison

10.9%
Income Tax
0%
4.0%
State Sales Tax
6.25%
1.62%
Property Tax
1.6%

Affordability

25.4%
rent-to-income
Affordability
25.6%
rent-to-income

Detailed Comparison

When comparing Yonkers, NY and Waco, TX, the overall cost of living indices are 133 and 72 respectively (national median = 100). Rent is $632/month cheaper in Waco, saving renters about $7,584/year.

Median household income is $30,348/year higher in Yonkers. Home values also differ significantly — the median in Yonkers is $478,000 compared to $199,600 in Waco.

Texas has no state income tax, giving Waco residents a significant tax advantage over New York's 10.9% rate.

Frequently Asked Questions

Yonkers vs Waco — common questions

Is Yonkers or Waco cheaper to live in?
Based on our cost index, Waco is cheaper to live in with an index of 72 compared to 133 (US average = 100).
What is the rent difference between Yonkers and Waco?
Median rent in Yonkers is $1,730/month and in Waco it's $1,098/month — a difference of $632/month.
Which city has higher income, Yonkers or Waco?
Median household income is $81,816 in Yonkers and $51,468 in Waco. Median household income is $30,348/year higher in Yonkers.
How do taxes compare between New York and Texas?
New York has 10.9% income tax, 4.0% sales tax, and 1.62% property tax. Texas has 0% income tax, 6.25% sales tax, and 1.6% property tax.
Should I move to Yonkers or Waco?
It depends on your priorities. Yonkers has a cost index of 133 with median rent of $1,730/mo, while Waco has a cost index of 72 with rent of $1,098/mo. Consider income potential, tax burden, and lifestyle preferences alongside raw cost data.
View Yonkers details → View Waco details →

More Comparisons

Other cost of living comparisons for Yonkers and Waco

Yonkers vs. Fayetteville Yonkers vs. Cape Coral Yonkers vs. Rochester Yonkers vs. Worcester Yonkers vs. Frisco Yonkers vs. Columbus Waco vs. Visalia Waco vs. Fullerton Waco vs. Thornton Waco vs. Metairie Waco vs. Torrance Waco vs. Orange