Chaparral, NM vs South Valley, NM

There is a significant gap in the cost of living between these two cities. Chaparral is 15.1% cheaper than South Valley. With a cost index of 66 vs 78, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Chaparral to South Valley should plan for substantially higher expenses across most categories.

On the housing front, median rent in Chaparral is $874/month compared to $942/month in South Valley — a 7% difference. Home values follow the same pattern: Chaparral is more affordable at $101,900 median vs $205,200.

Median household income in Chaparral is $46,102 compared to $51,062 in South Valley (-9.7%). The higher salaries in South Valley partially offset the cost difference, but don't fully close the gap. Looking at affordability, residents of Chaparral spend roughly 22.7% of their income on rent, more than the 22.1% in South Valley.