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Chaparral, NM vs Silver City, NM

66
Chaparral
New Mexico
VS
-6.9%
71
Silver City
New Mexico

Chaparral is moderately more affordable than Silver City, with a 6.9% lower cost of living index. Chaparral scores 66 compared to 71 for Silver City, where the US average is 100. This difference means residents of Silver City can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Chaparral is $874/month compared to $851/month in Silver City — a 3% difference. Interestingly, home values tell a different story: while Silver City has cheaper rent, Chaparral actually has lower median home values ($101,900 vs $160,900).

Median household income in Chaparral is $46,102 compared to $39,025 in Silver City (+18.1%). Chaparral offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Chaparral spend roughly 22.7% of their income on rent, less than the 26.2% in Silver City.

Income & Cost

Cost of Living Index
Chaparral
66
7% cheaper
Silver City
71
Median Household Income
Chaparral
$46,102
15% higher
Silver City
$39,025

Housing

Median Rent
Chaparral
$874
Silver City
$851
3% cheaper
Median Home Value
Chaparral
$101,900
37% cheaper
Silver City
$160,900
Population
Chaparral
16,642
Silver City
9,574

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

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