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Clovis, NM vs South Valley, NM

74
Clovis
New Mexico
VS
-5.3%
78
South Valley
New Mexico

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.

Income & Cost

Cost of Living Index
Clovis
74
5% cheaper
South Valley
78
Median Household Income
Clovis
$54,029
5% higher
South Valley
$51,062

Housing

Median Rent
Clovis
$947
South Valley
$942
1% cheaper
Median Home Value
Clovis
$160,000
22% cheaper
South Valley
$205,200
Population
Clovis
38,153
South Valley
36,605

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

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