Corrales, NM vs Los Alamos, NM

Corrales, NM and Los Alamos, NM have a very similar cost of living, with only a 3.5% difference in their overall index. Corrales scores 114 while Los Alamos scores 110 on the cost of living index, where 100 represents the national average. The day-to-day expenses for residents in both cities are comparable, though differences emerge when looking at specific categories.

On the housing front, median rent in Corrales is $1,184/month compared to $1,304/month in Los Alamos — a 9% difference. Interestingly, home values tell a different story: while Corrales has cheaper rent, Los Alamos actually has lower median home values ($458,200 vs $549,700).

Median household income in Corrales is $114,207 compared to $136,502 in Los Alamos (-16.3%). Los Alamos offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Corrales spend roughly 12.4% of their income on rent, more than the 11.5% in Los Alamos.