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Grady, NM vs Truchas, NM

60
Grady
New Mexico
VS
-34.9%
92
Truchas
New Mexico

The cost of living difference between Grady, NM and Truchas, NM is dramatic. Grady is 34.9% cheaper than Truchas, a gap that translates to thousands of dollars per year in household expenses. Grady has a cost index of 60 while Truchas sits at 92, making this one of the more striking comparisons on our site. Relocating between these cities would require a serious reassessment of budget and lifestyle expectations.

Renters will find that Grady has a median rent of $625/month while Truchas comes in at $1,140/month, a 45% difference.

Median household income in Grady is $68,605 compared to $39,632 in Truchas (+73.1%). Grady offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Grady spend roughly 10.9% of their income on rent, less than the 34.5% in Truchas. The Grady ratio exceeds the commonly recommended 30% threshold, which can put pressure on household budgets.

Income & Cost

Cost of Living Index
Grady
60
35% cheaper
Truchas
92
Median Household Income
Grady
$68,605
42% higher
Truchas
$39,632

Housing

Median Rent
Grady
$625
45% cheaper
Truchas
$1,140
Median Home Value
Grady
$104,200
Truchas
Population
Grady
106
Truchas
278

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