Clovis, NM vs South Valley, NM
Clovis is moderately more affordable than South Valley, with a 5.3% lower cost of living index. Clovis scores 74 compared to 78 for South Valley, where the US average is 100. This difference means residents of South Valley can expect to pay noticeably more for everyday expenses, housing, and services.
On the housing front, median rent in Clovis is $947/month compared to $942/month in South Valley — a 1% difference. Interestingly, home values tell a different story: while South Valley has cheaper rent, Clovis actually has lower median home values ($160,000 vs $205,200).
Median household income in Clovis is $54,029 compared to $51,062 in South Valley (+5.8%). Clovis offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Clovis spend roughly 21% of their income on rent, less than the 22.1% in South Valley.
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