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Pojoaque, NM vs Santa Teresa, NM

74
Pojoaque
New Mexico
VS
-15.1%
87
Santa Teresa
New Mexico

There is a significant gap in the cost of living between these two cities. Pojoaque is 15.1% cheaper than Santa Teresa. With a cost index of 74 vs 87, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Pojoaque to Santa Teresa should plan for substantially higher expenses across most categories.

On the housing front, median rent in Pojoaque is $945/month compared to $1,259/month in Santa Teresa — a 25% difference. Home values follow the same pattern: Pojoaque is more affordable at $154,300 median vs $216,600.

Median household income in Pojoaque is $68,188 compared to $60,759 in Santa Teresa (+12.2%). Pojoaque offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Pojoaque spend roughly 16.6% of their income on rent, less than the 24.9% in Santa Teresa.

Income & Cost

Cost of Living Index
Pojoaque
74
15% cheaper
Santa Teresa
87
Median Household Income
Pojoaque
$68,188
11% higher
Santa Teresa
$60,759

Housing

Median Rent
Pojoaque
$945
25% cheaper
Santa Teresa
$1,259
Median Home Value
Pojoaque
$154,300
29% cheaper
Santa Teresa
$216,600
Population
Pojoaque
2,274
Santa Teresa
5,973

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

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