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Portales, NM vs Raton, NM

69
Portales
New Mexico
VS
+4.3%
67
Raton
New Mexico

Portales, NM and Raton, NM have a very similar cost of living, with only a 4.3% difference in their overall index. Portales scores 69 while Raton scores 67 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 Portales is $870/month compared to $734/month in Raton — a 19% difference. Interestingly, home values tell a different story: while Raton has cheaper rent, Portales actually has lower median home values ($132,900 vs $148,200).

Median household income in Portales is $51,290 compared to $52,007 in Raton (-1.4%). Raton offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Portales spend roughly 20.4% of their income on rent, more than the 16.9% in Raton.

Income & Cost

Cost of Living Index
Portales
69
Raton
67
4% cheaper
Median Household Income
Portales
$51,290
Raton
$52,007
1% higher

Housing

Median Rent
Portales
$870
Raton
$734
16% cheaper
Median Home Value
Portales
$132,900
10% cheaper
Raton
$148,200
Population
Portales
12,023
Raton
6,013

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