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Bosque Farms, NM vs Radium Springs, NM

81
Bosque Farms
New Mexico
VS
+24.1%
65
Radium Springs
New Mexico

There is a significant gap in the cost of living between these two cities. Radium Springs is 24.1% cheaper than Bosque Farms. With a cost index of 65 vs 81, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Radium Springs to Bosque Farms should plan for substantially higher expenses across most categories.

On the housing front, median rent in Bosque Farms is $869/month compared to $747/month in Radium Springs — a 16% difference. Home values follow the same pattern: Radium Springs is more affordable at $132,100 median vs $261,900.

Median household income in Bosque Farms is $63,889 compared to $50,000 in Radium Springs (+27.8%). While Bosque Farms is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Bosque Farms spend roughly 16.3% of their income on rent, less than the 17.9% in Radium Springs.

Income & Cost

Cost of Living Index
Bosque Farms
81
Radium Springs
65
19% cheaper
Median Household Income
Bosque Farms
$63,889
22% higher
Radium Springs
$50,000

Housing

Median Rent
Bosque Farms
$869
Radium Springs
$747
14% cheaper
Median Home Value
Bosque Farms
$261,900
Radium Springs
$132,100
50% cheaper
Population
Bosque Farms
4,042
Radium Springs
1,661

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

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