Agua Fria, NM vs Carrizozo, NM

The cost of living difference between Agua Fria, NM and Carrizozo, NM is dramatic. Carrizozo is 55.2% cheaper than Agua Fria, a gap that translates to thousands of dollars per year in household expenses. Agua Fria has a cost index of 89 while Carrizozo sits at 58, making this one of the more striking comparisons on our site. Relocating between these cities would require a serious reassessment of budget and lifestyle expectations.

On the housing front, median rent in Agua Fria is $1,143/month compared to $618/month in Carrizozo — a 85% difference. Home values follow the same pattern: Carrizozo is more affordable at $80,200 median vs $264,900.

Median household income in Agua Fria is $47,438 compared to $26,121 in Carrizozo (+81.6%). While Agua Fria is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Agua Fria spend roughly 28.9% of their income on rent, more than the 28.4% in Carrizozo.