Housing costs in Hidalgo?
A typical home costs
$171,800, which is 49.2% less expensive than the national average of
$338,100 and 42.3% less expensive than the average Texas home, at
$297,600. Renting a two-bedroom unit in Hidalgo costs
$830 per month, which is 42.0% cheaper than the national average of
$1,430 and 54.2% cheaper than the state average of
$1,280.
Can I afford Hidalgo?
To live comfortably in Hidalgo, Texas, a minimum annual income of
$32,760 for a family, and
$26,400 for a single person is recommended.
What does A.I. say about Hidalgo?
The cost of living in Hidalgo, TX is relatively low compared to the rest of the United States. According to BestPlaces, Hidalgo has a cost of living index rating that is around 6% lower than the US average. This means that goods and services cost less in Hidalgo than they do in many other places. Housing is especially affordable, with a median price for rent or purchase being substantially lower than average. Groceries also cost much less here due to its proximity to Mexico, which provides access to a wide variety of fresh produce and other goods at unbeatable prices. All in all, Hidalgo offers an affordable lifestyle, making it a great place to live for those on a budget.