Gallup, NM vs Silver City, NM

Gallup, NM and Silver City, NM have a very similar cost of living, with only a 2.7% difference in their overall index. Gallup scores 69 while Silver City scores 71 on the cost of living index, where 100 represents the national average. The day-to-day expenses for residents in both cities are comparable, though differences emerge when looking at specific categories.

On the housing front, median rent in Gallup is $858/month compared to $851/month in Silver City — a 1% difference. Interestingly, home values tell a different story: while Silver City has cheaper rent, Gallup actually has lower median home values ($134,600 vs $160,900).

Median household income in Gallup is $57,466 compared to $39,025 in Silver City (+47.3%). Gallup offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Gallup spend roughly 17.9% of their income on rent, less than the 26.2% in Silver City.