Cost of Living in Hidalgo County, New Mexico

$803/mo
Median Monthly Rent
$114,000
Median Home Value
8% below state averageUnaffordable

At a Glance

Median Monthly Rent
$803/mo
8% below state average
Median Home Value
$114,000
60% below national
Rent-to-Income Ratio
34.0%
% of income spent on rent

Rent burden measured as median gross rent as a percentage of renter household income (Census ACS B25071)

Affordability Rating
Unaffordable
Rent over 50% of income

How Hidalgo County Compares

Median monthly rent comparison

Hidalgo County$803/mo
New Mexico Average$876/mo
National Median$1,163/mo

Detailed Housing Stats

$803/mo
Median Gross Rent
$114,000
Median Home Value
$537/mo
Monthly Owner Cost
34.0%
Rent-to-Income Ratio

Data Story

About Cost of Living in Hidalgo County, New Mexico

Hidalgo balances affordability with tight incomes

Hidalgo County renters spend 19.6% of household income on rent, essentially matching New Mexico's state average of 19.4% while earning $49,076—34% below the national median. The near-average burden ratio masks the real squeeze: residents earn significantly less than Americans elsewhere.

Hidalgo sits right at state average

With a rent-to-income ratio of 19.6%, Hidalgo County essentially matches New Mexico's 19.4% state average, placing it squarely in the middle of the state's affordability distribution. Neither exceptional nor severely burdened, Hidalgo represents the state's median housing pressure.

Balanced between extremes

Hidalgo's $803 monthly rent and $49,076 income position it between wealthier Eddy County ($79,605 income) and poorer Guadalupe County ($40,149 income). The county offers a moderate mix of housing costs and local earning power—neither deal nor burden.

Moderate costs, moderate incomes

Renters pay $803 monthly while owners pay $537, with median home values around $114,000. At $49,076 median household income, housing consumes 19.6% of gross income, leaving residents roughly 80% of earnings for all other needs.

Hidalgo: the state's balanced option

If you're comparing New Mexico counties and want the mainstream experience—neither rock-bottom costs nor premium prices—Hidalgo delivers. It's a solid choice for families seeking affordable living without extreme rural isolation or boom-town energy.

Affordability Calculator

See how your income compares to housing costs in Hidalgo County

$

Rent Burden

19.6%

of gross income

Max Housing (28% Rule)

$1,145

per month

Owner Cost Burden

13.1%

of gross income

You can likely afford the median home in Hidalgo County

Median home value is $114,000. Estimated monthly cost: $910 vs. your max of $1,145.

Rent Affordability Guide

Your rent-to-income ratio19.6%
Recommended max30.0%

Frequently Asked Questions

What is the cost of living in Hidalgo County, New Mexico?
Hidalgo County, New Mexico has a median monthly rent of $803/mo and a median home value of $114,000. The affordability rating is Unaffordable, with rent making up approximately 34.0% of median household income.
What is the median rent in Hidalgo County?
The median gross rent in Hidalgo County is $803/mo. This is 8% below state average for New Mexico.
Is Hidalgo County affordable?
Hidalgo County is rated Unaffordable based on rent-to-income ratio of 34.0%. Spending over 50% of income on rent is generally considered unaffordable.
How does Hidalgo County's rent compare to the state average?
Hidalgo County's median rent of $803/mo is 8% below state average of $876/mo for New Mexico.
What is the median home value in Hidalgo County?
The median home value in Hidalgo County, New Mexico is $114,000. This is 60% below the national median home value of $281,900.
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Data: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.