CostIndexUSA

Hagerstown, MD vs McAllen, TX Cost of Living

Data: BEA Regional Price Parities · Census ACS · 2024

MD
Hagerstown
94.2
overall index
$1,550/mo rent
More AffordableTX
McAllen
85.9
overall index
$1,100/mo rent

McAllen is moderately cheaper than Hagerstown — 8.8% lower overall cost of living.

To match an $80,000 salary in Hagerstown, you would need $73,000 in McAllen. Calculate your salary ↓

Category Breakdown

Index values: 100 = U.S. national average. Higher = more expensive.

🏠 Housing26.2%
Hagerstown
75.7
McAllen
55.9
🛒 Groceries2.7%
Hagerstown
96.4
McAllen
93.8
🚗 Transportation3.3%
Hagerstown
104.5
McAllen
101.1
🏥 Healthcare3.3%
Hagerstown
94.5
McAllen
91.4
Utilities15.2%
Hagerstown
95.7
McAllen
81.2

Salary Equivalency Calculator

Enter your current salary in Hagerstown to see what you'd need to earn in McAllen to maintain the same purchasing power.

$
Equivalent salary in McAllen, TX
$73,000
$7,000 less needed in McAllen

Formula: salary × (85.9 ÷ 94.2) = salary × 0.9119. Based on BEA Regional Price Parities.

Housing Market

Hagerstown, MD

Median Home Price
$313,000
Median Monthly Rent
$1,550
Housing Index
75.7
Price-to-Rent Ratio
16.8×

McAllen, TX

Median Home Price
$188,000
Median Monthly Rent
$1,100
Housing Index
55.9
Price-to-Rent Ratio
14.2×

Hagerstown has 26.2% lower housing costs compared to McAllen.

Income & Job Market

Hagerstown, MD

Median Household Income
$75,400
Per Capita Income
$43,000
Unemployment Rate
4.4%
Population
43,484
Top Industries
HealthcareManufacturingLogisticsRetailGovernment

McAllen, TX

Median Household Income
$53,700
Per Capita Income
$30,600
Unemployment Rate
5.6%
Population
142,212
Top Industries
International TradeHealthcareRetailGovernmentEducation

Affordability at a Glance

Income-to-rent ratio: higher is better (more income relative to housing costs).

Hagerstown, MD
4.1×income-to-rent ratio

75% of income left after rent (median)

McAllen, TX
4.1×income-to-rent ratio

75% of income left after rent (median)

Data Sources: Bureau of Economic Analysis (BEA) Regional Price Parities 2024; U.S. Census Bureau American Community Survey (ACS); Bureau of Labor Statistics (BLS) Local Area Unemployment Statistics; Zillow Research.

Cost indices use 100 as the U.S. national average. Values above 100 indicate costs above the national average. Data is updated annually.

This data is for informational purposes only and should not be used as the sole basis for relocation or financial decisions.