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Artesia, NM vs Grants, NM

76
Artesia
New Mexico
VS
+17.2%
65
Grants
New Mexico

There is a significant gap in the cost of living between these two cities. Grants is 17.2% cheaper than Artesia. With a cost index of 65 vs 76, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Grants to Artesia should plan for substantially higher expenses across most categories.

On the housing front, median rent in Artesia is $875/month compared to $750/month in Grants — a 17% difference. Home values follow the same pattern: Grants is more affordable at $123,600 median vs $213,800.

Median household income in Artesia is $77,647 compared to $49,286 in Grants (+57.5%). While Artesia is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Artesia spend roughly 13.5% of their income on rent, less than the 18.3% in Grants.

Income & Cost

Cost of Living Index
Artesia
76
Grants
65
15% cheaper
Median Household Income
Artesia
$77,647
37% higher
Grants
$49,286

Housing

Median Rent
Artesia
$875
Grants
$750
14% cheaper
Median Home Value
Artesia
$213,800
Grants
$123,600
42% cheaper
Population
Artesia
12,555
Grants
9,106

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