Chili, NM vs Melrose, NM

The cost of living difference between Chili, NM and Melrose, NM is dramatic. Melrose is 70.8% cheaper than Chili, a gap that translates to thousands of dollars per year in household expenses. Chili has a cost index of 94 while Melrose sits at 55, making this one of the more striking comparisons on our site. Relocating between these cities would require a serious reassessment of budget and lifestyle expectations.

When it comes to buying, median home values in Chili are $270,900 compared to $78,600 in Melrose, a 245% gap.

Median household income in Chili is $61,806 compared to $33,333 in Melrose (+85.4%). While Chili is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income.