Hidalgo, TX Cost Of Living
Cost Of Living In Hidalgo, TX Summary
Cost of living in Hidalgo 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 Hidalgo 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 Hidalgo is 77, with 100 being the average.
The cost of living index in Hidalgo is 0.8x lower than the national average.
Hidalgo ranks as the #30 cheapest in Texas out of 405.
Hidalgo ranks as the #78 cheapest out of 6,412 in the US.
The median home value in Hidalgo is $111,300.
The median income in Hidalgo is $39,504.
Table Of Contents
Hidalgo's Overall Cost Of Living
Lower Than The National Average
What is the cost of living in Hidalgo, TX?
According to the most recent data on the cost of living, Hidalgo has an overall cost of living index of 77, which is 0.8x lower than the national index of 100.
Compared to Texas, Hidalgo has a cost of living index that's 0.8x lower than Texas's index of 92.
The standard of living in Hidalgo ranks as #30 most affordable out of the 405 places we measured in Texas. By definition, that implies Hidalgo ranks as the #375 most expensive place in the Lone Star State.
For more reading on life in Hidalgo, check out:
- Living In Hidalgo
- Hidalgo Crime Report
- Search Homes For Sale In Hidalgo, TX
In Texas
In America
Hidalgo Cost Of Living Vs. Texas
Six factors go into calculating the cost of living index in Hidalgo. Here is how it fairs on each of the criteria:
The Services index in Hidalgo is 80.
The Groceries index in Hidalgo is 87.
The Health index in Hidalgo is 68.
The Housing index in Hidalgo is 52.
The Transportation index in Hidalgo is 87.
The Utilities index in Hidalgo is 102.
| Living Expense | Hidalgo | Texas | National Average | |
|---|---|---|---|---|
| Overall | 77 | 92 | 100 | |
| Services | 80 | 96 | 100 | |
| Groceries | 87 | 93 | 100 | |
| Health | 68 | 93 | 100 | |
| Housing | 52 | 84 | 100 | |
| Transportation | 87 | 92 | 100 | |
| Utilities | 102 | 104 | 100 | |
Hidalgo, TX Housing Cost Breakdown
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 Hidalgo is $111,300.
The Median Rent in Hidalgo is $756.
The Median Income in Hidalgo is $39,504.
The Home Value To Income in Hidalgo is 2.8x.
The Rent To Monthly Income in Hidalgo is 0.23x.
| Statistic | Hidalgo | Texas | United States |
|---|---|---|---|
| Median Home Value | $111,300 | $202,600 | $244,900 |
| Median Rent | $756 | $1,146 | $1,163 |
| Median Income | $39,504 | $67,321 | $69,021 |
| Home Value To Income | 2.8x | 3.0x | 3.5x |
| Rent To Monthly Income | 0.23x | 0.2x | 0.2x |
Median Home Value
Median Rent
Median Income
Hidalgo, TX Costs By Category
Detailed Hidalgo Services Costs Vs. Texas
Detailed Hidalgo Groceries Costs Vs. Texas
Detailed Hidalgo Health Costs Vs. Texas
Detailed Hidalgo Transportation Costs Vs. Texas
Detailed Hidalgo Utilities Costs Vs. Texas
Hidalgo SnackAbility
/10
Cost Of Living In Cities Around Hidalgo
The cost of living varies in the cities and towns around Hidalgo. 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 Hidalgo.
Edinburg, TX has a cost of living index of 81, 1.1x Hidalgo.
Mission, TX has a cost of living index of 79, 1.0x Hidalgo.
| City | Population | Cost Of Living | Vs. Hidalgo |
|---|---|---|---|
| McAllen, TX | 141,941 | 79 | 1.0x |
| Edinburg, TX | 98,759 | 81 | 1.1x |
| Mission, TX | 85,311 | 79 | 1.0x |
| Pharr, TX | 78,997 | 75 | 1.0x |
| Weslaco, TX | 40,393 | 74 | 1.0x |
| San Juan, TX | 35,384 | 76 | 1.0x |
| Alamo, TX | 19,644 | 75 | 1.0x |
| Alton, TX | 17,993 | 77 | 1.0x |
| Donna, TX | 16,743 | 70 | 0.9x |
| La Homa, TX | 11,924 | 75 | 1.0x |
