Elephant Butte, NM vs Holloman AFB, NM

Elephant Butte is moderately more affordable than Holloman AFB, with a 14.1% lower cost of living index. Elephant Butte scores 81 compared to 95 for Holloman AFB, where the US average is 100. This difference means residents of Holloman AFB can expect to pay noticeably more for everyday expenses, housing, and services.

Renters will find that Elephant Butte has a median rent of $1,169/month while Holloman AFB comes in at $1,236/month, a 5% difference.

Median household income in Elephant Butte is $45,179 compared to $51,205 in Holloman AFB (-11.8%). The higher salaries in Holloman AFB partially offset the cost difference, but don't fully close the gap. Looking at affordability, residents of Elephant Butte spend roughly 31% of their income on rent, more than the 29% in Holloman AFB. The Holloman AFB ratio exceeds the commonly recommended 30% threshold, which can put pressure on household budgets.