Cost of living in Edinburg research summary. The cost of living index is set to 100 for the average place in the United States. A cost of living index above 100 means Edinburg is expensive. An index value below 100 means the city is a relatively cheap place to live.
On a city-by-city basis in Texas, home prices and rent have the biggest impact on the cost of living. Here are the key takeaways based on Saturday Night Science:
The cost of living index in Edinburg is 81, with 100 being the average.
The cost of living index in Edinburg is 0.8x lower than the national average.
Edinburg ranks as the #66 cheapest in Texas out of 405.
Edinburg ranks as the #290 cheapest out of 6,412 in the US.
The median home value in Edinburg is $138,600.
The median income in Edinburg is $52,773.
According to the most recent data on the cost of living, Edinburg has an overall cost of living index of 81, which is 0.8x lower than the national index of 100.
Compared to Texas, Edinburg has a cost of living index that's 0.9x lower than Texas's index of 92.
The standard of living in Edinburg ranks as #66 most affordable out of the 405 places we measured in Texas. By definition, that implies Edinburg ranks as the #339 most expensive place in the Lone Star State.
For more reading on life in Edinburg, check out:
Six factors go into calculating the cost of living index in Edinburg. Here is how it fairs on each of the criteria:
The Services index in Edinburg is 82.
The Groceries index in Edinburg is 91.
The Health index in Edinburg is 71.
The Housing index in Edinburg is 60.
The Transportation index in Edinburg is 91.
The Utilities index in Edinburg is 104.
Living Expense | Edinburg | Texas | National Average | |
---|---|---|---|---|
Overall | 81 | 92 | 100 | |
Services | 82 | 96 | 100 | |
Groceries | 91 | 93 | 100 | |
Health | 71 | 93 | 100 | |
Housing | 60 | 84 | 100 | |
Transportation | 91 | 92 | 100 | |
Utilities | 104 | 104 | 100 |
Housing swings affordability the most between places in Texas, so we broke down housing costs into more detail. Home and income data comes from the most recent US Census ACS 2017-2021. The key points are:
The Median Home Value in Edinburg is $138,600.
The Median Rent in Edinburg is $850.
The Median Income in Edinburg is $52,773.
The Home Value To Income in Edinburg is 2.6x.
The Rent To Monthly Income in Edinburg is 0.19x.
Statistic | Edinburg | Texas | United States |
---|---|---|---|
Median Home Value | $138,600 | $202,600 | $244,900 |
Median Rent | $850 | $1,146 | $1,163 |
Median Income | $52,773 | $67,321 | $69,021 |
Home Value To Income | 2.6x | 3.0x | 3.5x |
Rent To Monthly Income | 0.19x | 0.2x | 0.2x |
The cost of living varies in the cities and towns around Edinburg. Here's a quick look at the cost of living in the most populous nearby places:
McAllen, TX has a cost of living index of 79, 1.0x Edinburg.
Mission, TX has a cost of living index of 79, 1.0x Edinburg.
Pharr, TX has a cost of living index of 75, 0.9x Edinburg.
City | Population | Cost Of Living | Vs. Edinburg |
---|---|---|---|
McAllen, TX | 141,941 | 79 | 1.0x |
Mission, TX | 85,311 | 79 | 1.0x |
Pharr, TX | 78,997 | 75 | 0.9x |
Weslaco, TX | 40,393 | 74 | 0.9x |
Alamo, TX | 19,644 | 75 | 0.9x |
Alton, TX | 17,993 | 77 | 1.0x |
Donna, TX | 16,743 | 70 | 0.9x |
Mercedes, TX | 16,274 | 69 | 0.9x |
Hidalgo, TX | 13,939 | 77 | 1.0x |
La Homa, TX | 11,924 | 75 | 0.9x |