Chaparral, NM vs Los Lunas, NM

There is a significant gap in the cost of living between these two cities. Chaparral is 23.7% cheaper than Los Lunas. With a cost index of 66 vs 87, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Chaparral to Los Lunas should plan for substantially higher expenses across most categories.

On the housing front, median rent in Chaparral is $874/month compared to $1,157/month in Los Lunas — a 25% difference. Home values follow the same pattern: Chaparral is more affordable at $101,900 median vs $232,700.

Median household income in Chaparral is $46,102 compared to $63,696 in Los Lunas (-27.6%). 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 Chaparral spend roughly 22.7% of their income on rent, more than the 21.8% in Los Lunas.