| Index | Weslaco | Texas | National |
| Cost of living | 87 | 94 | 100 |
| Groceries | 101 | 98 | 100 |
| Health care | 99 | 98 | 100 |
| Housing | 59 | 83 | 100 |
| Transportation | 99 | 98 | 100 |
| Utilities | 100 | 103 | 100 |
| Lifestyle & Entertainment | 96 | 98 | 100 |
| Household Items | 101 | 98 | 100 |
| Education & Childcare | 94 | 98 | 100 |
The cost of living in Weslaco affects the quality of life one can afford in this new location. It allows people to assess whether they can maintain their preferred lifestyle, including housing, leisure activities and dining options. Your total monthly expenditures can varry depending on the area, as well as many other factors. The cost of living in Weslaco is 87, which is 13% lower than the national average. Knowledge of the cost of living can help individuals make informed decisions about retirement savings, investments, and financial goals.
Housing expenses often consume a significant portion of your net income, occasionally surpassing 30%. Fortunately, housing costs in Weslaco are 40.9% below the national average. This highlights the region's exceptional affordability for both homeownership and rentals in comparison to the rest of the country. This favorable housing situation allows residents to allocate a more reasonable fraction of their income to housing, resulting in enhanced financial flexibility and improved overall financial well-being.
Is Weslaco an affordable place to live? It's a good question and one that you might want to ask when considering any new city, as affordability can play a huge role in the decision making process. The cost of living index (which we covered above), as well as housing costs and income levels play a vital role in determining the affordability of an area. The median home price in Weslaco is 48.8% lower than the national average, while the average monthly rent prices are 22.4% lower than average. The affordability of any location can also be influenced by median income levels. Weslaco has a median household income of $69,561, which is 14.5% lower than the national average.
Groceries: Over the past 2-3 years, grocery expenses have experienced substantial upward trends. In certain markets, food prices have surged by over 20% during this period, while others have witnessed more modest increases. These fluctuations in food costs can wield significant influence over the overall cost of living in a given region. In Weslaco, the groceries index is 0.9% higher than the national average.
Urbanization: Larger, urban hubs brimming with ample amenities and robust employment opportunities often showcase a heightened cost of living. This surge is primarily attributed to the amplified demand for services and increased residential migration, culminating in elevated home prices and elevated rental rates. Conversely, less densely populated rural locales or regions characterized by reduced demand tend to offer a more limited array of amenities and undergo slower job market growth, ultimately yielding a more affordable cost of living.
Housing: A sought-after location with high housing demand often leads to increased property values and rental rates, which can significantly inflate the overall cost of living. Conversely, areas with low housing demand, particularly in less desirable locales, tend to experience the opposite effect, causing prices to drop and contributing to a more affordable cost of living. In Weslaco, the housing index stands at 40.9% lower than the national average.
The Weslaco cost of living data displayed above uses a U.S. average baseline of 100 to provide a practical way to compare living expenses across cities. Housing estimates incorporate U.S. Census home price and rental data, while all other values are generated using AI-assisted models based on everyday expense expectations, regional pricing trends, climate, transportation patterns, and local economic conditions. These values are designed for directional city-to-city comparisons.
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| Groceries index | |
| Health care index | |
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| Utilities index | |
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| Household index | |
| Educare index |
| Median Income | Per Year | Per Month | Max Budget (28% DTI) | Max Budget (36% DTI) |
| Owners | $89,518 | $7,460 | $2,089 | $2,686 |
| Renters | $41,203 | $3,434 | $961 | $1,236 |
| State | General Sales Tax | With Max Surtax |
| Texas | 6.25% | 8.25% |
| State | Income Tax (Low) | Income Tax (High) |
| Texas | 0% | 0% |
| City | Population | Cost of Living Index | National Avg. |
| Relampago, TX | 395 | 99 | 1.2% |
| Evergreen, TX | 40 | 99 | 0.9% |
| Ratamosa, TX | 102 | 97 | 2.5% |
| Solis, TX | 657 | 99 | 1.2% |
| La Feria North, TX | 241 | 97 | 2.5% |
| Weslaco, TX | 42,136 | 87 | 13.1% |
| City | Population | Cost of Living Index | National Avg. |
| Cedar Falls, IA | 42,150 | 100 | 0.2% |
| Salaberry-de-Valleyfield, QC | 42,121 | n/a | |
| Bartlett, IL | 42,167 | 119 | 18.5% |
| Hutchinson, KS | 42,073 | 86 | 14.1% |
| Hickory, NC | 42,059 | 98 | 2.1% |
| Weslaco, TX | 42,136 | 87 | 13.1% |
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