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Hico, TX vs Lott, TX

64
Hico
Texas
VS
+6%
60
Lott
Texas

Lott is moderately more affordable than Hico, with a 6% lower cost of living index. Hico scores 64 compared to 60 for Lott, where the US average is 100. This difference means residents of Hico can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Hico is $725/month compared to $737/month in Lott — a 2% difference. Interestingly, home values tell a different story: while Hico has cheaper rent, Lott actually has lower median home values ($74,100 vs $122,600).

Median household income in Hico is $52,250 compared to $50,000 in Lott (+4.5%). The higher salaries in Hico partially offset the cost difference, but don't fully close the gap. Looking at affordability, residents of Hico spend roughly 16.7% of their income on rent, less than the 17.7% in Lott.

Climate-wise, both cities share similar average temperatures (65°F vs 67.1°F). Lott receives more rainfall at 36.4" per year compared to 34.1" in Hico.

Income & Cost

Cost of Living Index
Hico
64
Lott
60
6% cheaper
Median Household Income
Hico
$52,250
4% higher
Lott
$50,000

Housing

Median Rent
Hico
$725
2% cheaper
Lott
$737
Median Home Value
Hico
$122,600
Lott
$74,100
40% cheaper
Population
Hico
1,806
Lott
620

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

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

Climate

NOAA 30-year normals (1991-2020)

Avg Temp
Hico 65°F
Lott 67.1°F
Summer High
Hico 97°F
Lott 97°F
Winter Low
Hico 31°F
Lott 36°F
Rainfall
Hico 34.1"
Lott 36.4"
Rainy Days
Hico 74d
Lott 80d