Taylor, TX vs Waxahachie, TX

There is a significant gap in the cost of living between these two cities. Taylor is 15% cheaper than Waxahachie. With a cost index of 90 vs 106, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Taylor to Waxahachie should plan for substantially higher expenses across most categories.

On the housing front, median rent in Taylor is $1,181/month compared to $1,495/month in Waxahachie — a 21% difference. Home values follow the same pattern: Taylor is more affordable at $246,800 median vs $307,900.

Median household income in Taylor is $71,665 compared to $82,449 in Waxahachie (-13.1%). The higher salaries in Waxahachie partially offset the cost difference, but don't fully close the gap. Looking at affordability, residents of Taylor spend roughly 19.8% of their income on rent, less than the 21.8% in Waxahachie.