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Edgewood, NM vs Jal, NM

84
Edgewood
New Mexico
VS
+10.9%
76
Jal
New Mexico

Jal is moderately more affordable than Edgewood, with a 10.9% lower cost of living index. Edgewood scores 84 compared to 76 for Jal, where the US average is 100. This difference means residents of Edgewood can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Edgewood is $938/month compared to $1,155/month in Jal — a 19% difference. Interestingly, home values tell a different story: while Edgewood has cheaper rent, Jal actually has lower median home values ($105,400 vs $278,100).

Median household income in Edgewood is $81,227 compared to $60,703 in Jal (+33.8%). While Edgewood is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Edgewood spend roughly 13.9% of their income on rent, less than the 22.8% in Jal.

Income & Cost

Cost of Living Index
Edgewood
84
Jal
76
10% cheaper
Median Household Income
Edgewood
$81,227
25% higher
Jal
$60,703

Housing

Median Rent
Edgewood
$938
19% cheaper
Jal
$1,155
Median Home Value
Edgewood
$278,100
Jal
$105,400
62% cheaper
Population
Edgewood
6,122
Jal
2,069

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

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