Hidalgo, TX vs Richwood, TX
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
Housing
Salary Equivalency Calculator
What does your salary in one city buy you in the other?
Everyday Prices
BLS Average Prices by metro area
Climate
NOAA 30-year normals (1991-2020)