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Sheep Springs, NM vs Tesuque, NM

63
Sheep Springs
New Mexico
VS
-54%
138
Tesuque
New Mexico

The cost of living difference between Sheep Springs, NM and Tesuque, NM is dramatic. Sheep Springs is 54% cheaper than Tesuque, a gap that translates to thousands of dollars per year in household expenses. Sheep Springs has a cost index of 63 while Tesuque sits at 138, making this one of the more striking comparisons on our site. Relocating between these cities would require a serious reassessment of budget and lifestyle expectations.

On the housing front, median rent in Sheep Springs is $825/month compared to $1,095/month in Tesuque — a 25% difference. Home values follow the same pattern: Sheep Springs is more affordable at $97,500 median vs $877,600.

Median household income in Sheep Springs is $28,750 compared to $52,273 in Tesuque (-45%). The higher salaries in Tesuque partially offset the cost difference, but don't fully close the gap. Looking at affordability, residents of Sheep Springs spend roughly 34.4% of their income on rent, more than the 25.1% in Tesuque. The Tesuque ratio exceeds the commonly recommended 30% threshold, which can put pressure on household budgets.

Income & Cost

Cost of Living Index
Sheep Springs
63
54% cheaper
Tesuque
138
Median Household Income
Sheep Springs
$28,750
Tesuque
$52,273
45% higher

Housing

Median Rent
Sheep Springs
$825
25% cheaper
Tesuque
$1,095
Median Home Value
Sheep Springs
$97,500
89% cheaper
Tesuque
$877,600
Population
Sheep Springs
369
Tesuque
1,087

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

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