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Grants, NM vs Vado, NM

65
Grants
New Mexico
VS
+14.5%
57
Vado
New Mexico

Vado is moderately more affordable than Grants, with a 14.5% lower cost of living index. Grants scores 65 compared to 57 for Vado, where the US average is 100. This difference means residents of Grants can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Grants is $750/month compared to $545/month in Vado — a 38% difference. Home values follow the same pattern: Vado is more affordable at $108,300 median vs $123,600.

Median household income in Grants is $49,286 compared to $29,844 in Vado (+65.1%). While Grants is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Grants spend roughly 18.3% of their income on rent, less than the 21.9% in Vado.

Income & Cost

Cost of Living Index
Grants
65
Vado
57
13% cheaper
Median Household Income
Grants
$49,286
39% higher
Vado
$29,844

Housing

Median Rent
Grants
$750
Vado
$545
27% cheaper
Median Home Value
Grants
$123,600
Vado
$108,300
12% cheaper
Population
Grants
9,106
Vado
3,185

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

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