Aztec, NM vs Chaparral, NM

Aztec, NM and Chaparral, NM have a very similar cost of living, with only a 1.3% difference in their overall index. Aztec scores 67 while Chaparral scores 66 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 Aztec is $765/month compared to $874/month in Chaparral — a 13% difference. Interestingly, home values tell a different story: while Aztec has cheaper rent, Chaparral actually has lower median home values ($101,900 vs $164,700).

Median household income in Aztec is $42,699 compared to $46,102 in Chaparral (-7.4%). Chaparral offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Aztec spend roughly 21.5% of their income on rent, less than the 22.7% in Chaparral.