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Burke, TX vs Hico, TX

69
Burke
Texas
VS
+7.3%
64
Hico
Texas

Hico is moderately more affordable than Burke, with a 7.3% lower cost of living index. Burke scores 69 compared to 64 for Hico, where the US average is 100. This difference means residents of Burke can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Burke is $863/month compared to $725/month in Hico — a 19% difference. Interestingly, home values tell a different story: while Hico has cheaper rent, Burke actually has lower median home values ($112,500 vs $122,600).

Median household income in Burke is $57,969 compared to $52,250 in Hico (+10.9%). While Burke is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Burke spend roughly 17.9% of their income on rent, more than the 16.7% in Hico.

Income & Cost

Cost of Living Index
Burke
69
Hico
64
7% cheaper
Median Household Income
Burke
$57,969
10% higher
Hico
$52,250

Housing

Median Rent
Burke
$863
Hico
$725
16% cheaper
Median Home Value
Burke
$112,500
8% cheaper
Hico
$122,600
Population
Burke
605
Hico
1,806

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Burke
Hico $2.85
US $3.07
🥚
Eggs (grade A, large)
Burke
Hico $2.32
US $2.50
🥛
Milk (whole)
Burke
Hico $3.74
US $4.03
🍞
Bread (white)
Burke
Hico $1.72
US $1.85
🍗
Chicken breast
Burke
Hico $3.85
US $4.14
Electricity
Burke
Hico $0.17
US $0.19