Artesia, NM vs Lovington, NM

Artesia, NM and Lovington, NM have a very similar cost of living, with only a 2% difference in their overall index. Artesia scores 76 while Lovington scores 78 on the cost of living index, where 100 represents the national average. The day-to-day expenses for residents in both cities are comparable, though differences emerge when looking at specific categories.

On the housing front, median rent in Artesia is $875/month compared to $1,063/month in Lovington — a 18% difference. Interestingly, home values tell a different story: while Artesia has cheaper rent, Lovington actually has lower median home values ($162,900 vs $213,800).

Median household income in Artesia is $77,647 compared to $67,284 in Lovington (+15.4%). Artesia offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Artesia spend roughly 13.5% of their income on rent, less than the 19% in Lovington.