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Bernalillo, NM vs Los Chaves, NM

84
Bernalillo
New Mexico
VS
+7.4%
79
Los Chaves
New Mexico

Los Chaves is moderately more affordable than Bernalillo, with a 7.4% lower cost of living index. Bernalillo scores 84 compared to 79 for Los Chaves, where the US average is 100. This difference means residents of Bernalillo can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Bernalillo is $1,061/month compared to $860/month in Los Chaves — a 23% difference. Interestingly, home values tell a different story: while Los Chaves has cheaper rent, Bernalillo actually has lower median home values ($237,100 vs $240,500).

Median household income in Bernalillo is $61,624 compared to $81,320 in Los Chaves (-24.2%). Los Chaves offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Bernalillo spend roughly 20.7% of their income on rent, more than the 12.7% in Los Chaves.

Income & Cost

Cost of Living Index
Bernalillo
84
Los Chaves
79
7% cheaper
Median Household Income
Bernalillo
$61,624
Los Chaves
$81,320
24% higher

Housing

Median Rent
Bernalillo
$1,061
Los Chaves
$860
19% cheaper
Median Home Value
Bernalillo
$237,100
1% cheaper
Los Chaves
$240,500
Population
Bernalillo
9,068
Los Chaves
4,641

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

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