Bernalillo, NM vs Los Lunas, NM
Bernalillo, NM and Los Lunas, NM have a very similar cost of living, with only a 2.9% difference in their overall index. Bernalillo scores 84 while Los Lunas scores 87 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 $1,157/month in Los Lunas — a 8% difference. Interestingly, home values tell a different story: while Bernalillo has cheaper rent, Los Lunas actually has lower median home values ($232,700 vs $237,100).
Median household income in Bernalillo is $61,624 compared to $63,696 in Los Lunas (-3.3%). While Los Lunas 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, less than the 21.8% in Los Lunas.
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