Victoria, TX vs Waco, TX

Victoria, TX and Waco, TX have a very similar cost of living, with only a 2.1% difference in their overall index. Victoria scores 83 while Waco scores 82 on the cost of living index, where 100 represents the national average. The day-to-day expenses for residents in both cities are comparable, though differences emerge when looking at specific categories.

On the housing front, median rent in Victoria is $1,170/month compared to $1,098/month in Waco — a 7% difference. Interestingly, home values tell a different story: while Waco has cheaper rent, Victoria actually has lower median home values ($193,200 vs $199,600).

Median household income in Victoria is $68,233 compared to $51,468 in Waco (+32.6%). While Victoria is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Victoria spend roughly 20.6% of their income on rent, less than the 25.6% in Waco.