Aztec, NM vs Lovington, NM

Aztec is moderately more affordable than Lovington, with a 13.7% lower cost of living index. Aztec scores 67 compared to 78 for Lovington, where the US average is 100. This difference means residents of Lovington can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Aztec is $765/month compared to $1,063/month in Lovington — a 28% difference. Interestingly, home values tell a different story: while Aztec has cheaper rent, Lovington actually has lower median home values ($162,900 vs $164,700).

Median household income in Aztec is $42,699 compared to $67,284 in Lovington (-36.5%). While Lovington is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Aztec spend roughly 21.5% of their income on rent, more than the 19% in Lovington.