Texico, NM vs Valencia CDP (Valencia County), NM

Texico is moderately more affordable than Valencia CDP (Valencia County), with a 7.3% lower cost of living index. Texico scores 68 compared to 73 for Valencia CDP (Valencia County), where the US average is 100. This difference means residents of Valencia CDP (Valencia County) can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Texico is $916/month compared to $676/month in Valencia CDP (Valencia County) — a 36% difference. Interestingly, home values tell a different story: while Valencia CDP (Valencia County) has cheaper rent, Texico actually has lower median home values ($95,000 vs $242,400).

Median household income in Texico is $63,958 compared to $70,521 in Valencia CDP (Valencia County) (-9.3%). While Valencia CDP (Valencia County) is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Texico spend roughly 17.2% of their income on rent, more than the 11.5% in Valencia CDP (Valencia County).