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Silver City, NM vs Tucumcari, NM

71
Silver City
New Mexico
VS
+19.5%
60
Tucumcari
New Mexico

There is a significant gap in the cost of living between these two cities. Tucumcari is 19.5% cheaper than Silver City. With a cost index of 60 vs 71, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Tucumcari to Silver City should plan for substantially higher expenses across most categories.

On the housing front, median rent in Silver City is $851/month compared to $751/month in Tucumcari — a 13% difference. Home values follow the same pattern: Tucumcari is more affordable at $56,400 median vs $160,900.

Median household income in Silver City is $39,025 compared to $39,915 in Tucumcari (-2.2%). Tucumcari offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Silver City spend roughly 26.2% of their income on rent, more than the 22.6% in Tucumcari.

Income & Cost

Cost of Living Index
Silver City
71
Tucumcari
60
16% cheaper
Median Household Income
Silver City
$39,025
Tucumcari
$39,915
2% higher

Housing

Median Rent
Silver City
$851
Tucumcari
$751
12% cheaper
Median Home Value
Silver City
$160,900
Tucumcari
$56,400
65% cheaper
Population
Silver City
9,574
Tucumcari
5,197

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