Weslaco, TX Cost Of Living
Cost Of Living In Weslaco, TX Summary
Cost of living in Weslaco research summary. The cost of living index is set to 100 for the average place in the United States. A cost of living index above 100 means Weslaco is expensive. An index value below 100 means the city is a relatively cheap place to live.
On a city-by-city basis in Texas, home prices and rent have the biggest impact on the cost of living. Here are the key takeaways based on Saturday Night Science:
The cost of living index in Weslaco is 74, with 100 being the average.
The cost of living index in Weslaco is 0.7x lower than the national average.
Weslaco ranks as the #15 cheapest in Texas out of 405.
Weslaco ranks as the #23 cheapest out of 6,412 in the US.
The median home value in Weslaco is $91,800.
The median income in Weslaco is $49,767.
Table Of Contents
Weslaco's Overall Cost Of Living
Lower Than The National Average
What is the cost of living in Weslaco, TX?
According to the most recent data on the cost of living, Weslaco has an overall cost of living index of 74, which is 0.7x lower than the national index of 100.
Compared to Texas, Weslaco has a cost of living index that's 0.8x lower than Texas's index of 92.
The standard of living in Weslaco ranks as #15 most affordable out of the 405 places we measured in Texas. By definition, that implies Weslaco ranks as the #390 most expensive place in the Lone Star State.
For more reading on life in Weslaco, check out:
- Living In Weslaco
- Weslaco Crime Report
- Search Homes For Sale In Weslaco, TX
In Texas
In America
Weslaco Cost Of Living Vs. Texas
Six factors go into calculating the cost of living index in Weslaco. Here is how it fairs on each of the criteria:
The Services index in Weslaco is 81.
The Groceries index in Weslaco is 90.
The Health index in Weslaco is 71.
The Housing index in Weslaco is 51.
The Transportation index in Weslaco is 87.
The Utilities index in Weslaco is 101.
| Living Expense | Weslaco | Texas | National Average | |
|---|---|---|---|---|
| Overall | 74 | 92 | 100 | |
| Services | 81 | 96 | 100 | |
| Groceries | 90 | 93 | 100 | |
| Health | 71 | 93 | 100 | |
| Housing | 51 | 84 | 100 | |
| Transportation | 87 | 92 | 100 | |
| Utilities | 101 | 104 | 100 | |
Weslaco, TX Housing Cost Breakdown
Housing swings affordability the most between places in Texas, so we broke down housing costs into more detail. Home and income data comes from the most recent US Census ACS 2017-2021. The key points are:
The Median Home Value in Weslaco is $91,800.
The Median Rent in Weslaco is $790.
The Median Income in Weslaco is $49,767.
The Home Value To Income in Weslaco is 1.8x.
The Rent To Monthly Income in Weslaco is 0.19x.
| Statistic | Weslaco | Texas | United States |
|---|---|---|---|
| Median Home Value | $91,800 | $202,600 | $244,900 |
| Median Rent | $790 | $1,146 | $1,163 |
| Median Income | $49,767 | $67,321 | $69,021 |
| Home Value To Income | 1.8x | 3.0x | 3.5x |
| Rent To Monthly Income | 0.19x | 0.2x | 0.2x |
Median Home Value
Median Rent
Median Income
Weslaco, TX Costs By Category
Detailed Weslaco Services Costs Vs. Texas
Detailed Weslaco Groceries Costs Vs. Texas
Detailed Weslaco Health Costs Vs. Texas
Detailed Weslaco Transportation Costs Vs. Texas
Detailed Weslaco Utilities Costs Vs. Texas
Weslaco SnackAbility
/10
Cost Of Living In Cities Around Weslaco
The cost of living varies in the cities and towns around Weslaco. Here's a quick look at the cost of living in the most populous nearby places:
McAllen, TX has a cost of living index of 79, 1.1x Weslaco.
Edinburg, TX has a cost of living index of 81, 1.1x Weslaco.
Pharr, TX has a cost of living index of 75, 1.0x Weslaco.
| City | Population | Cost Of Living | Vs. Weslaco |
|---|---|---|---|
| McAllen, TX | 141,941 | 79 | 1.1x |
| Edinburg, TX | 98,759 | 81 | 1.1x |
| Pharr, TX | 78,997 | 75 | 1.0x |
| Harlingen, TX | 71,124 | 75 | 1.0x |
| Alamo, TX | 19,644 | 75 | 1.0x |
| Donna, TX | 16,743 | 70 | 0.9x |
| Mercedes, TX | 16,274 | 69 | 0.9x |
| Hidalgo, TX | 13,939 | 77 | 1.0x |
| Olivarez, TX | 7,213 | 76 | 1.0x |
| Mila Doce, TX | 7,047 | 67 | 0.9x |
