Los Lunas, NM vs North Valley, NM

Los Lunas, NM and North Valley, NM have a very similar cost of living, with only a 2.1% difference in their overall index. Los Lunas scores 87 while North Valley scores 89 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 Los Lunas is $1,157/month compared to $1,063/month in North Valley — a 9% difference. Interestingly, home values tell a different story: while North Valley has cheaper rent, Los Lunas actually has lower median home values ($232,700 vs $290,500).

Median household income in Los Lunas is $63,696 compared to $67,115 in North Valley (-5.1%). While North Valley 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 Lunas spend roughly 21.8% of their income on rent, more than the 19% in North Valley.