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Hernandez, NM vs Pojoaque, NM

70
Hernandez
New Mexico
VS
-6%
74
Pojoaque
New Mexico

Hernandez is moderately more affordable than Pojoaque, with a 6% lower cost of living index. Hernandez scores 70 compared to 74 for Pojoaque, where the US average is 100. This difference means residents of Pojoaque can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Hernandez is $748/month compared to $945/month in Pojoaque — a 21% difference. Interestingly, home values tell a different story: while Hernandez has cheaper rent, Pojoaque actually has lower median home values ($154,300 vs $181,900).

Median household income in Hernandez is $24,259 compared to $68,188 in Pojoaque (-64.4%). While Pojoaque is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Hernandez spend roughly 37% of their income on rent, more than the 16.6% in Pojoaque. The Pojoaque ratio exceeds the commonly recommended 30% threshold, which can put pressure on household budgets.

Income & Cost

Cost of Living Index
Hernandez
70
6% cheaper
Pojoaque
74
Median Household Income
Hernandez
$24,259
Pojoaque
$68,188
64% higher

Housing

Median Rent
Hernandez
$748
21% cheaper
Pojoaque
$945
Median Home Value
Hernandez
$181,900
Pojoaque
$154,300
15% cheaper
Population
Hernandez
802
Pojoaque
2,274

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

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