Hico, TX vs Newcastle, TX

There is a significant gap in the cost of living between these two cities. Newcastle is 22.3% cheaper than Hico. With a cost index of 52 vs 64, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Newcastle to Hico should plan for substantially higher expenses across most categories.

On the housing front, median rent in Hico is $725/month compared to $521/month in Newcastle — a 39% difference. Home values follow the same pattern: Newcastle is more affordable at $40,500 median vs $122,600.

Median household income in Hico is $52,250 compared to $63,750 in Newcastle (-18%). Newcastle offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Hico spend roughly 16.7% of their income on rent, more than the 9.8% in Newcastle.

Climate-wise, both cities share similar average temperatures (65°F vs 65.1°F). Hico receives more rainfall at 34.1" per year compared to 31.8" in Newcastle.