Las Vegas, NM vs Raton, NM

Las Vegas, NM and Raton, NM have a very similar cost of living, with only a 0.7% difference in their overall index. Las Vegas scores 66 while Raton scores 67 on the cost of living index, where 100 represents the national average. The day-to-day expenses for residents in both cities are comparable, though differences emerge when looking at specific categories.

On the housing front, median rent in Las Vegas is $731/month compared to $734/month in Raton — a 0% difference. Home values follow the same pattern: Las Vegas is more affordable at $143,900 median vs $148,200.

Median household income in Las Vegas is $42,732 compared to $52,007 in Raton (-17.8%). While Raton is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Las Vegas spend roughly 20.5% of their income on rent, more than the 16.9% in Raton.