Los Chaves, NM vs North Valley, NM

Los Chaves is moderately more affordable than North Valley, with a 11.6% lower cost of living index. Los Chaves scores 79 compared to 89 for North Valley, where the US average is 100. This difference means residents of North Valley can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Los Chaves is $860/month compared to $1,063/month in North Valley — a 19% difference. Home values follow the same pattern: Los Chaves is more affordable at $240,500 median vs $290,500.

Median household income in Los Chaves is $81,320 compared to $67,115 in North Valley (+21.2%). Los Chaves offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Los Chaves spend roughly 12.7% of their income on rent, less than the 19% in North Valley.