Chimayo, NM vs Taos, NM

There is a significant gap in the cost of living between these two cities. Chimayo is 20.6% cheaper than Taos. With a cost index of 76 vs 95, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Chimayo to Taos should plan for substantially higher expenses across most categories.

On the housing front, median rent in Chimayo is $834/month compared to $915/month in Taos — a 9% difference. Home values follow the same pattern: Chimayo is more affordable at $214,000 median vs $432,700.

Median household income in Chimayo is $52,305 compared to $46,579 in Taos (+12.3%). Chimayo offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Chimayo spend roughly 19.1% of their income on rent, less than the 23.6% in Taos.