Chaparral, NM Cost Of Living
Cost Of Living In Chaparral, NM Summary
Cost of living in Chaparral research summary. The cost of living index is set to 100 for the average place in the United States. A cost of living index above 100 means Chaparral is expensive. An index value below 100 means the city is a relatively cheap place to live.
On a city-by-city basis in New Mexico, home prices and rent have the biggest impact on the cost of living. Here are the key takeaways based on Saturday Night Science:
The cost of living index in Chaparral is 81, with 100 being the average.
The cost of living index in Chaparral is 0.8x lower than the national average.
Chaparral ranks as the #4 cheapest in New Mexico out of 45.
Chaparral ranks as the #158 cheapest out of 6,489 in the US.
The median home value in Chaparral is $215,318.
The median income in Chaparral is $46,102.
Table Of Contents
Chaparral's Overall Cost Of Living
Lower Than The National Average
What is the cost of living in Chaparral, NM?
According to the most recent data on the cost of living, Chaparral has an overall cost of living index of 81, which is 0.8x lower than the national index of 100.
Compared to New Mexico, Chaparral has a cost of living index that's 0.9x lower than New Mexico's index of 95.
The standard of living in Chaparral ranks as #4 most affordable out of the 45 places we measured in New Mexico. By definition, that implies Chaparral ranks as the #41 most expensive place in the Land of Enchantment.
For more reading on life in Chaparral, check out:
In New Mexico
In America
Chaparral Cost Of Living Vs. New Mexico
Six factors go into calculating the cost of living index in Chaparral. Here is how it fairs on each of the criteria:
The Services index in Chaparral is 95.
The Groceries index in Chaparral is 94.
The Health index in Chaparral is 91.
The Housing index in Chaparral is 55.
The Transportation index in Chaparral is 102.
The Utilities index in Chaparral is 90.
| Living Expense | Chaparral | New Mexico | National Average | |
|---|---|---|---|---|
| Overall | 81 | 95 | 100 | |
| Services | 95 | 96 | 100 | |
| Groceries | 94 | 96 | 100 | |
| Health | 91 | 95 | 100 | |
| Housing | 55 | 87 | 100 | |
| Transportation | 102 | 93 | 100 | |
| Utilities | 90 | 89 | 100 | |
Chaparral, NM Housing Cost Breakdown
Housing swings affordability the most between places in New Mexico, so we broke down housing costs into more detail. Home and income data comes from the most recent US Census ACS 2019-2023. The key points are:
The Median Home Value in Chaparral is $215,318.
The Median Rent in Chaparral is $874.
The Median Income in Chaparral is $46,102.
The Home Value To Income in Chaparral is 4.7x.
The Rent To Monthly Income in Chaparral is 0.23x.
| Statistic | Chaparral | New Mexico | United States |
|---|---|---|---|
| Median Home Value | $215,318 | $311,815 | $303,400 |
| Median Rent | $874 | $1,021 | $1,348 |
| Median Income | $46,102 | $62,125 | $78,538 |
| Home Value To Income | 4.7x | 5.0x | 3.9x |
| Rent To Monthly Income | 0.23x | 0.2x | 0.21x |
Median Home Value
Median Rent
Median Income
Chaparral, NM Costs By Category
Detailed Chaparral Services Costs Vs. New Mexico
| Item | Chaparral | New Mexico |
|---|---|---|
| Shampoo | $1.21 | $1.28 |
| Movie | $9.5 | $12.13 |
| Bowling | $11.67 | $18 |
| Haircut | $18.67 | $24.26 |
| Beauty Salon | $38.94 | $45.56 |
Detailed Chaparral Groceries Costs Vs. New Mexico
| Item | Chaparral | New Mexico |
|---|---|---|
| Ground Beef | $5.68 | $5.84 |
| Fried Chicken | $1.57 | $1.57 |
| Milk | $4.53 | $4.67 |
| Potatoes | $4.55 | $4.93 |
| Pizza | $9.66 | $12.09 |
| Beer | $10.31 | $10.41 |
| Toothpaste | $3.64 | $3.7 |
Detailed Chaparral Health Costs Vs. New Mexico
| Item | Chaparral | New Mexico |
|---|---|---|
| Optometrist | $72.61 | $125.68 |
| Doctor | $96.89 | $135.78 |
| Dentist | $90.94 | $113.29 |
Detailed Chaparral Transportation Costs Vs. New Mexico
| Item | Chaparral | New Mexico |
|---|---|---|
| Gasoline | $2.97 | $3.46 |
| Tire Balancing | $45.89 | $59.92 |
Detailed Chaparral Utilities Costs Vs. New Mexico
| Item | Chaparral | New Mexico |
|---|---|---|
| All Electricity | $197.18 | $193.99 |
| Phone | $208.71 | $192.25 |
Chaparral SnackAbility
/10
Cost Of Living In Cities Around Chaparral
The cost of living varies in the cities and towns around Chaparral. Here's a quick look at the cost of living in the most populous nearby places:
El Paso, TX has a cost of living index of 90, 1.1x Chaparral.
Sunland Park, NM has a cost of living index of 86, 1.1x Chaparral.
Fort Bliss, TX has a cost of living index of 111, 1.4x Chaparral.
| City | Population | Cost Of Living | Vs. Chaparral |
|---|---|---|---|
| El Paso, TX | 678,147 | 90 | 1.1x |
| Sunland Park, NM | 17,085 | 86 | 1.1x |
| Fort Bliss, TX | 12,009 | 111 | 1.4x |
| Anthony, NM | 8,701 | 81 | 1.0x |
| Santa Teresa, NM | 5,973 | 95 | 1.2x |
