Cost of Living in Hidalgo County, New Mexico
At a Glance
Rent burden measured as median gross rent as a percentage of renter household income (Census ACS B25071)
These figures are county medians, not a personal budget. Use them to frame rent, ownership, and income tradeoffs, then account for household size, commute, financing, insurance, taxes, debt, and local availability before making a decision.
How Hidalgo County Compares
Median monthly rent comparison
Detailed Housing Stats
National Ranking
Affordability Rank
Hidalgo County ranks #562 of 3,142 counties for affordability (top 18%)
Sourced county brief
Hidalgo County Official GRAPI Exceeds State Mean by 6.4 Percentage Points
Hidalgo County's official GRAPI (median gross rent as a percentage of household income) was 34.8%, which is 6.4 percentage points higher than the New Mexico unweighted county mean of 28.4%. The median gross rent in the county was $814 per month, below the state unweighted county mean of $905. For owner-occupied housing, the median selected monthly owner cost was $522, while the state unweighted county mean was $711. The median home value was $111,000, which is $81,727 lower than the New Mexico unweighted county mean of $192,727. Median renter-household income was reported at $25,613. These statistics from the 2020-2024 American Community Survey illustrate the housing cost landscape for the county. See ACS table B25071 for the underlying estimate.
Source record
- U.S. Census Bureau ACS 2020-2024 5-Year Estimates — B25064 Median Gross Rent
- U.S. Census Bureau ACS 2020-2024 5-Year Estimates — B25071 GRAPI
- U.S. Census Bureau ACS 2020-2024 5-Year Estimates — B25077 Median Home Value
- U.S. Census Bureau ACS 2020-2024 5-Year Estimates — B25088 Selected Monthly Owner Costs
- U.S. Census Bureau ACS 2020-2024 5-Year Estimates — B25119 Household Income by Tenure
Data version acs5-2020-2024 · Method cost-brief-v1
Cost of Living Advisory: Hidalgo County
Affordability Verdict
ACS B25071 estimates median gross rent at 34.8% of renter household income in Hidalgo County, which is between the 30% and 50% rent-burden benchmarks. This is a median percentage among renter-occupied units, not the share of households above a threshold.
Rent vs. Own
Median gross rent is $814 per month; median selected monthly owner costs are $522. These ACS medians describe different tenure groups and are not a personalized rent-versus-buy calculation.
Income Needed
Using the common 30% budgeting benchmark, $32,560 in annual gross income would allocate 30% to the county's median gross rent. This is a reproducible illustration, not evidence that a particular household can afford housing.
Regional Context
The New Mexico unweighted mean of county median rents is $905 per month. Hidalgo County's $814 median is 10.0% below that comparison value.
Data version acs5-2020-2024 · Method cost-advisory-v2
Affordability Calculator
See how your income compares to housing costs in Hidalgo County
Rent Burden
20.0%
of gross income
Max Housing (28% Rule)
$1,141
per month
Owner Cost Burden
12.8%
of gross income
You can likely afford the median home in Hidalgo County
Median home value is $111,000. Estimated monthly cost: $886 vs. your max of $1,141.
Rent Affordability Guide
Income Needed Calculator
See how much you need to earn to comfortably afford housing
$0/yr
Needed to stay within recommended threshold
$0/yr
Needed to stay within recommended threshold
$0/yr
Needed to stay within recommended threshold
Based on the 30% rule for rent and 28% rule for housing costs (mortgage + owner costs). Mortgage estimate assumes 20% down, 7.2% interest, 30-year fixed.
Frequently Asked Questions
What is the cost of living in Hidalgo County, New Mexico?
What is the median rent in Hidalgo County?
Is Hidalgo County affordable?
How does Hidalgo County's rent compare to the state average?
What is the median home value in Hidalgo County?
Counties with Similar Housing Costs
Planning a Move?
Researching the cost of living in Hidalgo County, New Mexico? Compare moving quotes from top providers and save on your relocation.
Compare Moving QuotesCompare Mortgage Rates in Hidalgo County
Whether you're buying in Hidalgo County, New Mexico, or refinancing, compare rates from top lenders using the terms each lender provides.
See Today's RatesData: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2020-2024). Data is informational only and is not personalized financial advice.
CostByCounty participates in affiliate programs. We may earn a commission when you use our links, at no extra cost to you.