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Carlsbad, NM vs Gallup, NM

84
Carlsbad
New Mexico
VS
+21.5%
69
Gallup
New Mexico

There is a significant gap in the cost of living between these two cities. Gallup is 21.5% cheaper than Carlsbad. With a cost index of 69 vs 84, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Gallup to Carlsbad should plan for substantially higher expenses across most categories.

On the housing front, median rent in Carlsbad is $1,206/month compared to $858/month in Gallup — a 41% difference. Home values follow the same pattern: Gallup is more affordable at $134,600 median vs $187,900.

Median household income in Carlsbad is $78,277 compared to $57,466 in Gallup (+36.2%). While Carlsbad is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Carlsbad spend roughly 18.5% of their income on rent, more than the 17.9% in Gallup.

Income & Cost

Cost of Living Index
Carlsbad
84
Gallup
69
18% cheaper
Median Household Income
Carlsbad
$78,277
27% higher
Gallup
$57,466

Housing

Median Rent
Carlsbad
$1,206
Gallup
$858
29% cheaper
Median Home Value
Carlsbad
$187,900
Gallup
$134,600
28% cheaper
Population
Carlsbad
31,813
Gallup
21,333

Salary Equivalency Calculator

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