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Deming, NM vs Silver City, NM

60
Deming
New Mexico
VS
-16.4%
71
Silver City
New Mexico

There is a significant gap in the cost of living between these two cities. Deming is 16.4% cheaper than Silver City. With a cost index of 60 vs 71, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Deming to Silver City should plan for substantially higher expenses across most categories.

On the housing front, median rent in Deming is $596/month compared to $851/month in Silver City — a 30% difference. Home values follow the same pattern: Deming is more affordable at $112,800 median vs $160,900.

Median household income in Deming is $35,920 compared to $39,025 in Silver City (-8%). Silver City does offer higher incomes, but the salary premium barely offsets the higher cost of living, leaving residents with a tighter budget. Looking at affordability, residents of Deming spend roughly 19.9% of their income on rent, less than the 26.2% in Silver City.

Income & Cost

Cost of Living Index
Deming
60
16% cheaper
Silver City
71
Median Household Income
Deming
$35,920
Silver City
$39,025
8% higher

Housing

Median Rent
Deming
$596
30% cheaper
Silver City
$851
Median Home Value
Deming
$112,800
30% cheaper
Silver City
$160,900
Population
Deming
14,735
Silver City
9,574

Salary Equivalency Calculator

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