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Eunice, NM vs Spencerville, NM

68
Eunice
New Mexico
VS
-21.2%
87
Spencerville
New Mexico

There is a significant gap in the cost of living between these two cities. Eunice is 21.2% cheaper than Spencerville. With a cost index of 68 vs 87, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Eunice to Spencerville should plan for substantially higher expenses across most categories.

On the housing front, median rent in Eunice is $749/month compared to $1,169/month in Spencerville — a 36% difference. Home values follow the same pattern: Eunice is more affordable at $164,900 median vs $255,400.

Median household income in Eunice is $49,795 compared to $60,708 in Spencerville (-18%). The higher salaries in Spencerville partially offset the cost difference, but don't fully close the gap. Looking at affordability, residents of Eunice spend roughly 18.1% of their income on rent, less than the 23.1% in Spencerville.

Income & Cost

Cost of Living Index
Eunice
68
21% cheaper
Spencerville
87
Median Household Income
Eunice
$49,795
Spencerville
$60,708
18% higher

Housing

Median Rent
Eunice
$749
36% cheaper
Spencerville
$1,169
Median Home Value
Eunice
$164,900
35% cheaper
Spencerville
$255,400
Population
Eunice
2,989
Spencerville
1,100

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

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