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Edgewood, NM vs Nambe, NM

84
Edgewood
New Mexico
VS
-5%
89
Nambe
New Mexico

Edgewood is moderately more affordable than Nambe, with a 5% lower cost of living index. Edgewood scores 84 compared to 89 for Nambe, where the US average is 100. This difference means residents of Nambe 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 $1,135/month in Nambe — a 17% difference. Interestingly, home values tell a different story: while Edgewood has cheaper rent, Nambe actually has lower median home values ($259,700 vs $278,100).

Median household income in Edgewood is $81,227 compared to $45,341 in Nambe (+79.1%). Edgewood offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Edgewood spend roughly 13.9% of their income on rent, less than the 30% in Nambe.

Income & Cost

Cost of Living Index
Edgewood
84
5% cheaper
Nambe
89
Median Household Income
Edgewood
$81,227
44% higher
Nambe
$45,341

Housing

Median Rent
Edgewood
$938
17% cheaper
Nambe
$1,135
Median Home Value
Edgewood
$278,100
Nambe
$259,700
7% cheaper
Population
Edgewood
6,122
Nambe
2,045

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

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