Cost of Living: South Valley, NM vs Los Angeles, CA
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 $3,974/mo in Los Angeles, CA. In the model, rent is about 13.73% of gross in South Valley, NM versus 25.99% in Los Angeles, CA, 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 Los Angeles, CA.
At a glance
- Cheaper overall (lower cost-of-living index): South Valley, NM
- Lower rent (median 1BR/2BR): South Valley, NM
- Lower home prices: South Valley, NM
- Higher median household income: Los Angeles, CA
Cost of Living Index
South Valley, NM: 100 (U.S. = 100) · Los Angeles, CA: 148.6 (U.S. = 100)
South Valley, NM has a lower cost-of-living index than Los Angeles, CA, so a given salary generally stretches further there.
Median Rent
South Valley, NM: $895/mo (midpoint of 1BR/2BR) · Los Angeles, CA: $1,695/mo
Median rent in Los Angeles, CA is $800/mo higher than in South Valley, NM.
Median Home Price
South Valley, NM: $205,200 · Los Angeles, CA: $657,700
Median home price in Los Angeles, CA is $452,500 higher than in South Valley, NM.
Median Household Income
South Valley, NM: $51,062 · Los Angeles, CA: $74,785
Los Angeles, CA has a higher median household income than South Valley, NM by $23,723.
South Valley, NM overview · Los Angeles, CA overview · Popular comparisons