Cost of Living in Hidalgo County, NM

What does it cost to live in Hidalgo County? Income, housing, and affordability breakdown.

Median Income

$53,651

Median Rent

$668/mo

Median Home

$102,500

Affordability

751

Housing Cost Breakdown

Owning (20% down, 6.5%)

Mortgage (P&I)$518
Property Tax$43
Insurance$34

Total Monthly$595
% of Income13.3%

Renting

Median Rent$668
Renter's Insurance$25

Total Monthly$693
% of Income14.9%

Living in Hidalgo County, New Mexico

Hidalgo County has a median household income of $53,651 with housing costs that represent 13.3% of income for owners and 14.9% for renters. Housing costs are within the recommended 30% of income threshold.

The affordability index of 751 (100 = median income perfectly covers median housing costs) gives a quick snapshot. Use our calculator for a comprehensive comparison across counties, including taxes, utilities, healthcare, and commute costs.

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Family and education

County-level data from U.S. Census Bureau American Community Survey (ACS) 2022 5-Year Estimates. Additional sources: Bureau of Labor Statistics, Bureau of Economic Analysis. Estimates are county-level medians. This is not financial advice.