| Index | South Valley | New Mexico | National |
| Cost of living | 93 | 94 | 100 |
| Groceries | 99 | 98 | 100 |
| Health care | 97 | 98 | 100 |
| Housing | 81 | 85 | 100 |
| Transportation | 100 | 98 | 100 |
| Utilities | 95 | 97 | 100 |
| Lifestyle & Entertainment | 93 | 96 | 100 |
| Household Items | 98 | 98 | 100 |
| Education & Childcare | 99 | 96 | 100 |
Getting a feel for the cost of living in South Valley is essential for anyone planning to relocate, as it empowers them to make informed financial decisions, secure a comfortable lifestyle and maintain financial stability in their new environment. The cost of living in South Valley is 93, which is 7% lower than the national average. Relocating individuals may need to adjust their savings and investment strategies based on the cost of living in the new location. It influences decisions about retirement planning, investments and financial goals.
The cost of living in South Valley closely mirrors the national average in comparison to other cities nationwide. Essential items such as groceries, houshold expenses, health care and utilities are priced at a level consistent with similar urban areas. This means that residents of South Valley can anticipate that their daily expenses will remain reasonably in line with those of an average city, contributing to a manageable cost of living.
Is South Valley an affordable place to live? It's a good question and one that you might want to ask when considering any new city, as affordability can play a huge role in the decision making process. The cost of living index (which we covered above), as well as housing costs and income levels play a vital role in determining the affordability of an area. The median home price in South Valley is 17.1% lower than the national average, while the average monthly rent prices are 21.9% lower than average. The affordability of any location can also be influenced by median income levels. South Valley has a median household income of $62,616, which is 23% lower than the national average.
Healthcare: Healthcare costs and insurance premiums can fluctuate greatly based on the city or state. Access to healthcare facilities, out-of-pocket expenses for doctor\’s visits, dentist costs, medication costs and specialized care costs can all impact the cost of living. In South Valley, the healthcare costs are 3% lower than the national average.
Transportation: In cities with limited or no public transportation, residents may find it necessary to own and maintain vehicles, thereby elevating the cost of living. Monthly expenditures include fuel, insurance, routine maintenance and potential lease or financing commitments. In South Valley, the transportation index stands at 0% equal to the national average.
Housing: A sought-after location with high housing demand often leads to increased property values and rental rates, which can significantly inflate the overall cost of living. Conversely, areas with low housing demand, particularly in less desirable locales, tend to experience the opposite effect, causing prices to drop and contributing to a more affordable cost of living. In South Valley, the housing index stands at 18.6% lower than the national average.
The South Valley cost of living data above is designed around a U.S. average baseline of 100, allowing for easy comparisons of relative living costs. Housing incorporates U.S. Census home price and rental data, while all other figures are AI-assisted estimates that account for regional price trends, climate, transportation dynamics, and common everyday expenses. These values are best used as directional city-to-city comparisons.
| Cost of living index | |
| Groceries index | |
| Health care index | |
| Housing index | |
| Transportation index | |
| Utilities index | |
| Lifestyle index | |
| Household index | |
| Educare index |
| Median Income | Per Year | Per Month | Max Budget (28% DTI) | Max Budget (36% DTI) |
| Owners | $75,479 | $6,290 | $1,761 | $2,265 |
| Renters | $39,213 | $3,268 | $915 | $1,177 |
| State | General Sales Tax | With Max Surtax |
| New Mexico | 5% | 8.688% |
| State | Income Tax (Low) | Income Tax (High) |
| New Mexico | 1.7% | 5.9% |
| City | Population | Cost of Living Index | National Avg. |
| Chical, NM | 209 | 98 | 2.3% |
| Pajarito Mesa, NM | 316 | 76 | 24.3% |
| Isleta Village Proper, NM | 502 | 83 | 17.3% |
| Meadow Lake, NM | 4,378 | 83 | 16.8% |
| Monterey Park, NM | 1,135 | 85 | 15.0% |
| South Valley, NM | 40,361 | 93 | 7.2% |
| City | Population | Cost of Living Index | National Avg. |
| Marumsco, VA | 40,366 | 113 | 13.2% |
| Lancaster, TX | 40,385 | 98 | 2.3% |
| Lake Oswego, OR | 40,335 | 165 | 64.7% |
| Milton, GA | 40,389 | 145 | 44.8% |
| Duncanville, TX | 40,397 | 100 | 0.3% |
| South Valley, NM | 40,361 | 93 | 7.2% |
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