Cost of Living: South Valley, NM vs Philadelphia, PA
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 $4,337/mo in Philadelphia, PA. In the model, rent is about 13.73% of gross in South Valley, NM versus 19.29% in Philadelphia, PA, 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 Philadelphia, PA.
At a glance
- Cheaper overall (lower cost-of-living index): Philadelphia, PA
- Lower rent (median 1BR/2BR): South Valley, NM
- Lower home prices: South Valley, NM
- Higher median household income: Philadelphia, PA
Cost of Living Index
South Valley, NM: 100 (U.S. = 100) · Philadelphia, PA: 95.2 (U.S. = 100)
Philadelphia, PA 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) · Philadelphia, PA: $1,257/mo
Median rent in Philadelphia, PA is $362/mo higher than in South Valley, NM.
Median Home Price
South Valley, NM: $205,200 · Philadelphia, PA: $232,400
Median home price in Philadelphia, PA is $27,200 higher than in South Valley, NM.
Median Household Income
South Valley, NM: $51,062 · Philadelphia, PA: $60,698
Philadelphia, PA has a higher median household income than South Valley, NM by $9,636.
South Valley, NM overview · Philadelphia, PA overview · Popular comparisons