Cochiti Lake, NM vs Loving, NM

Loving is moderately more affordable than Cochiti Lake, with a 12.7% lower cost of living index. Cochiti Lake scores 95 compared to 84 for Loving, where the US average is 100. This difference means residents of Cochiti Lake can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Cochiti Lake is $1,482/month compared to $1,231/month in Loving — a 20% difference. Home values follow the same pattern: Loving is more affordable at $177,400 median vs $208,100.

Median household income in Cochiti Lake is $54,861 compared to $60,203 in Loving (-8.9%). Loving offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Cochiti Lake spend roughly 32.4% of their income on rent, more than the 24.5% in Loving. The Loving ratio exceeds the commonly recommended 30% threshold, which can put pressure on household budgets.