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Los Chaves, NM vs Silver City, NM

79
Los Chaves
New Mexico
VS
+10.3%
71
Silver City
New Mexico

Silver City is moderately more affordable than Los Chaves, with a 10.3% lower cost of living index. Los Chaves scores 79 compared to 71 for Silver City, where the US average is 100. This difference means residents of Los Chaves 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 $851/month in Silver City — a 1% difference. Home values follow the same pattern: Silver City is more affordable at $160,900 median vs $240,500.

Median household income in Los Chaves is $81,320 compared to $39,025 in Silver City (+108.4%). While Los Chaves is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Los Chaves spend roughly 12.7% of their income on rent, less than the 26.2% in Silver City.

Income & Cost

Cost of Living Index
Los Chaves
79
Silver City
71
9% cheaper
Median Household Income
Los Chaves
$81,320
52% higher
Silver City
$39,025

Housing

Median Rent
Los Chaves
$860
Silver City
$851
1% cheaper
Median Home Value
Los Chaves
$240,500
Silver City
$160,900
33% cheaper
Population
Los Chaves
4,641
Silver City
9,574

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

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