Bernalillo, NM vs Los Chaves, NM
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.
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