Cost of Living in Rancho Viejo, TX

With a cost of living index of 93, Rancho Viejo, TX is slightly more affordable than average. Living here is 7% cheaper than the national average and 6% above the Texas state average of 88. Rancho Viejo is a small community of 2,834 residents.

Housing costs are the biggest factor in Rancho Viejo's cost of living. The median monthly rent is $1,426 (8% above the US median of $1,319), and the median home value sits at $244,000 (20% below the national median of $304,900). At current prices, the median home costs roughly 2.9x the median household income — well within traditional affordability guidelines.

The median household income in Rancho Viejo is $83,512, which is 11% higher than the national median of $75,149. Residents spend roughly 20% of household income on rent. This is a comfortable ratio, well below the 30% threshold that financial experts recommend as a maximum.

Climate is another factor for anyone considering a move to Rancho Viejo. The area sees an average annual temperature of 76.2°F, with summers averaging 86°F and winters around 65°F. Annual rainfall totals 26.8 inches spread over roughly 77 days. Hot summers are common, which can affect utility costs and lifestyle.

Everyday prices in the Brownsville-Harlingen, TX (Metropolitan Statistical Area) metro area are generally below the national average. Out of 6 common items tracked by the Bureau of Labor Statistics, 6 are priced lower than the US average. These real-world prices — from groceries to electricity — add up and should be factored into any cost of living comparison.

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.