Cost of Living: South Valley, NM vs Houston, TX
Quick rent-and-take-home comparison
Using a baseline of $70,000/yr gross, take-home is about $4,230/mo in South Valley, NM versus $4,516/mo in Houston, TX. In the model, rent is about 13.73% of gross in South Valley, NM versus 19.13% in Houston, TX, so South Valley, NM tends to feel more affordable for rent.
Compare cost of living, rent, housing prices, and salary affordability between South Valley, NM and Houston, TX.
At a glance
- Cheaper overall (lower cost-of-living index): Houston, TX
- Lower rent (median 1BR/2BR): South Valley, NM
- Lower home prices: South Valley, NM
- Higher median household income: Houston, TX
Cost of Living Index
South Valley, NM: 100 (U.S. = 100) · Houston, TX: 92.1 (U.S. = 100)
Houston, TX has a lower cost-of-living index than South Valley, NM, so a given salary generally stretches further there.
Median Rent
South Valley, NM: $895/mo (midpoint of 1BR/2BR) · Houston, TX: $1,248/mo
Median rent in Houston, TX is $353/mo higher than in South Valley, NM.
Median Home Price
South Valley, NM: $205,200 · Houston, TX: $253,400
Median home price in Houston, TX is $48,200 higher than in South Valley, NM.
Median Household Income
South Valley, NM: $51,062 · Houston, TX: $62,894
Houston, TX has a higher median household income than South Valley, NM by $11,832.
South Valley, NM overview · Houston, TX overview · Popular comparisons