Chaparral, NM vs Silver City, NM
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.
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