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La Plata, NM vs Ventura, NM

76
La Plata
New Mexico
VS
+22.8%
62
Ventura
New Mexico

There is a significant gap in the cost of living between these two cities. Ventura is 22.8% cheaper than La Plata. With a cost index of 62 vs 76, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Ventura to La Plata should plan for substantially higher expenses across most categories.

On the housing front, median rent in La Plata is $1,000/month compared to $772/month in Ventura — a 30% difference. Home values follow the same pattern: Ventura is more affordable at $77,900 median vs $187,000.

Median household income in La Plata is $54,801 compared to $24,342 in Ventura (+125.1%). While La Plata is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of La Plata spend roughly 21.9% of their income on rent, less than the 38.1% in Ventura. The La Plata ratio exceeds the commonly recommended 30% threshold, which can put pressure on household budgets.

Income & Cost

Cost of Living Index
La Plata
76
Ventura
62
19% cheaper
Median Household Income
La Plata
$54,801
56% higher
Ventura
$24,342

Housing

Median Rent
La Plata
$1,000
Ventura
$772
23% cheaper
Median Home Value
La Plata
$187,000
Ventura
$77,900
58% cheaper
Population
La Plata
2,185
Ventura
826

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

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