Bernalillo, NM vs El Cerro, NM

Bernalillo, NM and El Cerro, NM have a very similar cost of living, with only a 4.5% difference in their overall index. Bernalillo scores 84 while El Cerro scores 88 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 Bernalillo is $1,061/month compared to $1,045/month in El Cerro — a 2% difference. Interestingly, home values tell a different story: while El Cerro has cheaper rent, Bernalillo actually has lower median home values ($237,100 vs $291,800).

Median household income in Bernalillo is $61,624 compared to $112,174 in El Cerro (-45.1%). While El Cerro is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Bernalillo spend roughly 20.7% of their income on rent, more than the 11.2% in El Cerro.