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Chimayo, NM vs Talpa, NM

76
Chimayo
New Mexico
VS
-25.3%
101
Talpa
New Mexico

There is a significant gap in the cost of living between these two cities. Chimayo is 25.3% cheaper than Talpa. With a cost index of 76 vs 101, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Chimayo to Talpa should plan for substantially higher expenses across most categories.

When it comes to buying, median home values in Chimayo are $214,000 compared to $356,300 in Talpa, a 40% gap.

Median household income in Chimayo is $52,305 compared to $59,323 in Talpa (-11.8%). Talpa does offer higher incomes, but the salary premium barely offsets the higher cost of living, leaving residents with a tighter budget.

Income & Cost

Cost of Living Index
Chimayo
76
25% cheaper
Talpa
101
Median Household Income
Chimayo
$52,305
Talpa
$59,323
12% higher

Housing

Median Rent
Chimayo
$834
Talpa
Median Home Value
Chimayo
$214,000
40% cheaper
Talpa
$356,300
Population
Chimayo
2,726
Talpa
1,126

Salary Equivalency Calculator

What does your salary in one city buy you in the other?

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Everyday Prices

BLS Average Prices by metro area

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