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Bovina, TX vs Palacios, TX

69
Bovina
Texas
VS
-10.9%
77
Palacios
Texas

Bovina is moderately more affordable than Palacios, with a 10.9% lower cost of living index. Bovina scores 69 compared to 77 for Palacios, where the US average is 100. This difference means residents of Palacios can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Bovina is $876/month compared to $1,042/month in Palacios — a 16% difference. Home values follow the same pattern: Bovina is more affordable at $111,900 median vs $153,000.

Median household income in Bovina is $42,833 compared to $60,613 in Palacios (-29.3%). While Palacios is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Bovina spend roughly 24.5% of their income on rent, more than the 20.6% in Palacios.

Income & Cost

Cost of Living Index
Bovina
69
11% cheaper
Palacios
77
Median Household Income
Bovina
$42,833
Palacios
$60,613
29% higher

Housing

Median Rent
Bovina
$876
16% cheaper
Palacios
$1,042
Median Home Value
Bovina
$111,900
27% cheaper
Palacios
$153,000
Population
Bovina
1,490
Palacios
4,394

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