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Bernalillo, NM vs North Valley, NM

84
Bernalillo
New Mexico
VS
-5%
89
North Valley
New Mexico

Bernalillo is moderately more affordable than North Valley, with a 5% lower cost of living index. Bernalillo scores 84 compared to 89 for North Valley, where the US average is 100. This difference means residents of North Valley 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 $1,063/month in North Valley — a 0% difference. Home values follow the same pattern: Bernalillo is more affordable at $237,100 median vs $290,500.

Median household income in Bernalillo is $61,624 compared to $67,115 in North Valley (-8.2%). While North Valley 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 19% in North Valley.

Income & Cost

Cost of Living Index
Bernalillo
84
5% cheaper
North Valley
89
Median Household Income
Bernalillo
$61,624
North Valley
$67,115
8% higher

Housing

Median Rent
Bernalillo
$1,061
North Valley
$1,063
Median Home Value
Bernalillo
$237,100
18% cheaper
North Valley
$290,500
Population
Bernalillo
9,068
North Valley
11,474

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

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