Edgewood, NM vs Los Alamos, NM

There is a significant gap in the cost of living between these two cities. Edgewood is 23.4% cheaper than Los Alamos. With a cost index of 84 vs 110, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Edgewood to Los Alamos should plan for substantially higher expenses across most categories.

On the housing front, median rent in Edgewood is $938/month compared to $1,304/month in Los Alamos — a 28% difference. Home values follow the same pattern: Edgewood is more affordable at $278,100 median vs $458,200.

Median household income in Edgewood is $81,227 compared to $136,502 in Los Alamos (-40.5%). While Los Alamos 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, more than the 11.5% in Los Alamos.