South River, NM vs Wagon Mound, NM

There is a significant gap in the cost of living between these two cities. Wagon Mound is 16.3% cheaper than South River. With a cost index of 76 vs 88, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Wagon Mound to South River should plan for substantially higher expenses across most categories.

Median household income in South River is $56,307 compared to $41,823 in Wagon Mound (+34.6%). While South River is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income.