Chimayo, NM vs Tesuque, NM

The cost of living difference between Chimayo, NM and Tesuque, NM is dramatic. Chimayo is 45.1% cheaper than Tesuque, a gap that translates to thousands of dollars per year in household expenses. Chimayo has a cost index of 76 while Tesuque sits at 138, 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.

On the housing front, median rent in Chimayo is $834/month compared to $1,095/month in Tesuque — a 24% difference. Home values follow the same pattern: Chimayo is more affordable at $214,000 median vs $877,600.

Median household income in Chimayo is $52,305 compared to $52,273 in Tesuque (+0.1%). 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 25.1% in Tesuque.