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Bayard, NM vs Cedar Grove, NM

62
Bayard
New Mexico
VS
-30.4%
89
Cedar Grove
New Mexico

The cost of living difference between Bayard, NM and Cedar Grove, NM is dramatic. Bayard is 30.4% cheaper than Cedar Grove, a gap that translates to thousands of dollars per year in household expenses. Bayard has a cost index of 62 while Cedar Grove sits at 89, 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.

When it comes to buying, median home values in Bayard are $118,100 compared to $191,300 in Cedar Grove, a 38% gap.

Median household income in Bayard is $33,269 compared to $63,070 in Cedar Grove (-47.3%). While Cedar Grove is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income.

Income & Cost

Cost of Living Index
Bayard
62
30% cheaper
Cedar Grove
89
Median Household Income
Bayard
$33,269
Cedar Grove
$63,070
47% higher

Housing

Median Rent
Bayard
$653
Cedar Grove
Median Home Value
Bayard
$118,100
38% cheaper
Cedar Grove
$191,300
Population
Bayard
2,370
Cedar Grove
849

Salary Equivalency Calculator

What does your salary in one city buy you in the other?

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Bayard
Cedar Grove $2.99
US $3.07
🥚
Eggs (grade A, large)
Bayard
Cedar Grove $2.44
US $2.50
🥛
Milk (whole)
Bayard
Cedar Grove $3.92
US $4.03
🍞
Bread (white)
Bayard
Cedar Grove $1.80
US $1.85
🍗
Chicken breast
Bayard
Cedar Grove $4.04
US $4.14
Electricity
Bayard
Cedar Grove $0.15
US $0.19