Center Point, NM vs Texico, NM

There is a significant gap in the cost of living between these two cities. Texico is 27.6% cheaper than Center Point. With a cost index of 68 vs 86, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Texico to Center Point should plan for substantially higher expenses across most categories.

On the housing front, median rent in Center Point is $1,290/month compared to $916/month in Texico — a 41% difference. Home values follow the same pattern: Texico is more affordable at $95,000 median vs $206,300.

Median household income in Center Point is $49,714 compared to $63,958 in Texico (-22.3%). Texico offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Center Point spend roughly 31.1% of their income on rent, more than the 17.2% in Texico. The Texico ratio exceeds the commonly recommended 30% threshold, which can put pressure on household budgets.