Chillicothe, TX vs Hico, TX

Chillicothe, TX and Hico, TX have a very similar cost of living, with only a 0.8% difference in their overall index. Chillicothe scores 64 while Hico scores 64 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 Chillicothe is $845/month compared to $725/month in Hico — a 17% difference. Interestingly, home values tell a different story: while Hico has cheaper rent, Chillicothe actually has lower median home values ($68,800 vs $122,600).

Median household income in Chillicothe is $68,125 compared to $52,250 in Hico (+30.4%). While Chillicothe is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Chillicothe spend roughly 14.9% of their income on rent, less than the 16.7% in Hico.