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Hidalgo, TX vs Richwood, TX

69
Hidalgo
Texas
VS
-24.2%
91
Richwood
Texas

There is a significant gap in the cost of living between these two cities. Hidalgo is 24.2% cheaper than Richwood. With a cost index of 69 vs 91, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Hidalgo to Richwood should plan for substantially higher expenses across most categories.

On the housing front, median rent in Hidalgo is $849/month compared to $1,215/month in Richwood — a 30% difference. Home values follow the same pattern: Hidalgo is more affordable at $156,400 median vs $230,800.

Median household income in Hidalgo is $53,667 compared to $80,250 in Richwood (-33.1%). While Richwood is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Hidalgo spend roughly 19% of their income on rent, more than the 18.2% in Richwood.

Climate-wise, Hidalgo is notably warmer with an average of 77.4°F compared to 70.7°F in Richwood. Richwood receives more rainfall at 45.8" per year compared to 22.2" in Hidalgo.

Income & Cost

Cost of Living Index
Hidalgo
69
24% cheaper
Richwood
91
Median Household Income
Hidalgo
$53,667
Richwood
$80,250
33% higher

Housing

Median Rent
Hidalgo
$849
30% cheaper
Richwood
$1,215
Median Home Value
Hidalgo
$156,400
32% cheaper
Richwood
$230,800
Population
Hidalgo
14,250
Richwood
4,766

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Hidalgo $2.85
Richwood $3.12
US $3.07
🥚
Eggs (grade A, large)
Hidalgo $2.32
Richwood $2.54
US $2.50
🥛
Milk (whole)
Hidalgo $3.74
Richwood $4.09
US $4.03
🍞
Bread (white)
Hidalgo $1.72
Richwood $1.88
US $1.85
🍗
Chicken breast
Hidalgo $3.85
Richwood $4.21
US $4.14
Electricity
Hidalgo $0.17
Richwood $0.18
US $0.19

Climate

NOAA 30-year normals (1991-2020)

Avg Temp
Hidalgo 77.4°F
Richwood 70.7°F
Summer High
Hidalgo 99°F
Richwood 93°F
Winter Low
Hidalgo 53°F
Richwood 45°F
Rainfall
Hidalgo 22.2"
Richwood 45.8"
Rainy Days
Hidalgo 62d
Richwood 129d