Hico, TX vs Oak Point, TX

The cost of living difference between Hico, TX and Oak Point, TX is dramatic. Hico is 52% cheaper than Oak Point, a gap that translates to thousands of dollars per year in household expenses. Hico has a cost index of 64 while Oak Point sits at 133, making this one of the more striking comparisons on our site. Relocating between these cities would require a serious reassessment of budget and lifestyle expectations.

On the housing front, median rent in Hico is $725/month compared to $2,215/month in Oak Point — a 67% difference. Home values follow the same pattern: Hico is more affordable at $122,600 median vs $368,000.

Median household income in Hico is $52,250 compared to $109,528 in Oak Point (-52.3%). While Oak Point is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Hico spend roughly 16.7% of their income on rent, less than the 24.3% in Oak Point.

Climate-wise, both cities share similar average temperatures (65°F vs 64.5°F). Oak Point receives more rainfall at 35.6" per year compared to 34.1" in Hico.