Fort Hancock, TX vs New Ulm, TX
There is a significant gap in the cost of living between these two cities. Fort Hancock is 24% cheaper than New Ulm. With a cost index of 76 vs 100, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Fort Hancock to New Ulm should plan for substantially higher expenses across most categories.
Median household income in Fort Hancock is $34,957 compared to $89,010 in New Ulm (-60.7%). While New Ulm is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income.
Climate-wise, New Ulm is notably warmer with an average of 69.4°F compared to 66.2°F in Fort Hancock. New Ulm receives more rainfall at 41.8" per year compared to 8.8" in Fort Hancock.
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