Belen, NM vs Chimayo, NM

Belen, NM and Chimayo, NM have a very similar cost of living, with only a 4.9% difference in their overall index. Belen scores 72 while Chimayo scores 76 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 Belen is $877/month compared to $834/month in Chimayo — a 5% difference. Interestingly, home values tell a different story: while Chimayo has cheaper rent, Belen actually has lower median home values ($154,600 vs $214,000).

Median household income in Belen is $40,354 compared to $52,305 in Chimayo (-22.8%). While Chimayo is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Belen spend roughly 26.1% of their income on rent, more than the 19.1% in Chimayo.