Balmorhea, TX vs Hubbard, TX
Balmorhea, TX and Hubbard, TX have a very similar cost of living, with only a 2.3% difference in their overall index. Balmorhea scores 71 while Hubbard scores 69 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 Balmorhea is $1,088/month compared to $877/month in Hubbard — a 24% difference. Interestingly, home values tell a different story: while Hubbard has cheaper rent, Balmorhea actually has lower median home values ($56,700 vs $115,600).
Median household income in Balmorhea is $29,375 compared to $47,284 in Hubbard (-37.9%). Hubbard offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Balmorhea spend roughly 44.4% of their income on rent, more than the 22.3% in Hubbard. The Hubbard ratio exceeds the commonly recommended 30% threshold, which can put pressure on household budgets.
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