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La Luz, NM vs Meadow Lake, NM

56
La Luz
New Mexico
VS
-11.9%
63
Meadow Lake
New Mexico

La Luz is moderately more affordable than Meadow Lake, with a 11.9% lower cost of living index. La Luz scores 56 compared to 63 for Meadow Lake, where the US average is 100. This difference means residents of Meadow Lake can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in La Luz is $615/month compared to $783/month in Meadow Lake — a 22% difference. Home values follow the same pattern: La Luz is more affordable at $60,800 median vs $83,500.

Median household income in La Luz is $35,324 compared to $38,872 in Meadow Lake (-9.1%). The higher salaries in Meadow Lake partially offset the cost difference, but don't fully close the gap. Looking at affordability, residents of La Luz spend roughly 20.9% of their income on rent, less than the 24.2% in Meadow Lake.

Income & Cost

Cost of Living Index
La Luz
56
12% cheaper
Meadow Lake
63
Median Household Income
La Luz
$35,324
Meadow Lake
$38,872
9% higher

Housing

Median Rent
La Luz
$615
21% cheaper
Meadow Lake
$783
Median Home Value
La Luz
$60,800
27% cheaper
Meadow Lake
$83,500
Population
La Luz
1,683
Meadow Lake
3,959

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

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