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Grants, NM vs Los Lunas, NM

65
Grants
New Mexico
VS
-25.1%
87
Los Lunas
New Mexico

There is a significant gap in the cost of living between these two cities. Grants is 25.1% cheaper than Los Lunas. With a cost index of 65 vs 87, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Grants to Los Lunas should plan for substantially higher expenses across most categories.

On the housing front, median rent in Grants is $750/month compared to $1,157/month in Los Lunas — a 35% difference. Home values follow the same pattern: Grants is more affordable at $123,600 median vs $232,700.

Median household income in Grants is $49,286 compared to $63,696 in Los Lunas (-22.6%). The higher salaries in Los Lunas partially offset the cost difference, but don't fully close the gap. Looking at affordability, residents of Grants spend roughly 18.3% of their income on rent, less than the 21.8% in Los Lunas.

Income & Cost

Cost of Living Index
Grants
65
25% cheaper
Los Lunas
87
Median Household Income
Grants
$49,286
Los Lunas
$63,696
23% higher

Housing

Median Rent
Grants
$750
35% cheaper
Los Lunas
$1,157
Median Home Value
Grants
$123,600
47% cheaper
Los Lunas
$232,700
Population
Grants
9,106
Los Lunas
17,932

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

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