Los Lunas, NM vs Taos, NM
Los Lunas is moderately more affordable than Taos, with a 8.9% lower cost of living index. Los Lunas scores 87 compared to 95 for Taos, where the US average is 100. This difference means residents of Taos can expect to pay noticeably more for everyday expenses, housing, and services.
On the housing front, median rent in Los Lunas is $1,157/month compared to $915/month in Taos — a 26% difference. Interestingly, home values tell a different story: while Taos has cheaper rent, Los Lunas actually has lower median home values ($232,700 vs $432,700).
Median household income in Los Lunas is $63,696 compared to $46,579 in Taos (+36.7%). Los Lunas 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 Lunas spend roughly 21.8% of their income on rent, less than the 23.6% in Taos.
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