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Corrales, NM vs Vado, NM

114
Corrales
New Mexico
VS
+100%
57
Vado
New Mexico

The cost of living difference between Corrales, NM and Vado, NM is dramatic. Vado is 100% cheaper than Corrales, a gap that translates to thousands of dollars per year in household expenses. Corrales has a cost index of 114 while Vado sits at 57, 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 Corrales is $1,184/month compared to $545/month in Vado — a 117% difference. Home values follow the same pattern: Vado is more affordable at $108,300 median vs $549,700.

Median household income in Corrales is $114,207 compared to $29,844 in Vado (+282.7%). While Corrales is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Corrales spend roughly 12.4% of their income on rent, less than the 21.9% in Vado.

Income & Cost

Cost of Living Index
Corrales
114
Vado
57
50% cheaper
Median Household Income
Corrales
$114,207
74% higher
Vado
$29,844

Housing

Median Rent
Corrales
$1,184
Vado
$545
54% cheaper
Median Home Value
Corrales
$549,700
Vado
$108,300
80% cheaper
Population
Corrales
8,557
Vado
3,185

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

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