Cost of Living in El Rancho Vela, TX
Population: 587 | Texas
El Rancho Vela is 15% less expensive than the national average.
Cost of Living in El Rancho Vela, TX: What You Need to Know
With a cost of living index of 85, El Rancho Vela, TX is a very affordable place to live. Living here is 15% cheaper than the national average and 3% below the Texas state average of 88. El Rancho Vela is a small community of 587 residents.
The median household income in El Rancho Vela is $49,200, which is 35% lower than the national median of $75,149. Lower incomes here are balanced by the significantly lower cost of living, stretching each dollar further.
Data sources: US Census Bureau (ACS 2023), Zillow Home Values, HUD Fair Market Rents, BEA Regional Price Parities, BLS Average Prices, and NOAA Climate Normals. Updated monthly.
Income
- Median Household Income
- $49,200
- vs US Median ($75,149)
- -35%
Housing
- Median Home Value
- $139,600
- Median Monthly Housing Cost
- $622/mo