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Loving, NM vs Peak Place, NM

84
Loving
New Mexico
VS
+13.6%
74
Peak Place
New Mexico

Peak Place is moderately more affordable than Loving, with a 13.6% lower cost of living index. Loving scores 84 compared to 74 for Peak Place, where the US average is 100. This difference means residents of Loving can expect to pay noticeably more for everyday expenses, housing, and services.

When it comes to buying, median home values in Loving are $177,400 compared to $13,600 in Peak Place, a 1204% gap.

Median household income in Loving is $60,203 compared to $50,417 in Peak Place (+19.4%). While Loving is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income.

Income & Cost

Cost of Living Index
Loving
84
Peak Place
74
12% cheaper
Median Household Income
Loving
$60,203
16% higher
Peak Place
$50,417

Housing

Median Rent
Loving
$1,231
Peak Place
Median Home Value
Loving
$177,400
Peak Place
$13,600
92% cheaper
Population
Loving
1,317
Peak Place
483

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

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