Edgewood, NM vs Las Vegas, NM

There is a significant gap in the cost of living between these two cities. Las Vegas is 27.2% cheaper than Edgewood. With a cost index of 66 vs 84, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Las Vegas to Edgewood should plan for substantially higher expenses across most categories.

On the housing front, median rent in Edgewood is $938/month compared to $731/month in Las Vegas — a 28% difference. Home values follow the same pattern: Las Vegas is more affordable at $143,900 median vs $278,100.

Median household income in Edgewood is $81,227 compared to $42,732 in Las Vegas (+90.1%). 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 20.5% in Las Vegas.