What is the cost of living in North Valley, NM?
According to the most recent data on the cost of living, North Valley has an overall cost of living index of 99, which is 1.0x lower than the national index of 100.
Compared to New Mexico, North Valley has a cost of living index that's 1.1x higher than New Mexico's index of 93.
The standard of living in North Valley ranks as #31 most affordable out of the 45 places we measured in New Mexico. By definition, that implies North Valley ranks as the #14 most expensive place in the Land of Enchantment.
For more reading on life in North Valley, check out:
North Valley Cost Of Living Vs. New Mexico
Six factors go into calculating the cost of living index in North Valley. Here is how it fares on each of the criteria:
The Services index in North Valley is 102.
The Groceries index in North Valley is 101.
The Health index in North Valley is 105.
The Housing index in North Valley is 95.
The Transportation index in North Valley is 100.
The Utilities index in North Valley is 94.
| Living Expense | North Valley | New Mexico | National Average |
|---|---|---|---|
| Overall | 99 | 93 | 100 |
| Services | 102 | 98 | 100 |
| Groceries | 101 | 96 | 100 |
| Health | 105 | 86 | 100 |
| Housing | 95 | 99 | 100 |
| Transportation | 100 | 95 | 100 |
| Utilities | 94 | 94 | 100 |
North Valley Cost Of Living Compared To New Mexico Averages
Index where 100 = national average. Source: cost-of-living index 2026.
For more reading on cost of living around New Mexico, check out:
Protect your home budget Compare home warranties in North Valley Get matched →Source: Cost-of-living index 2026, normalized to US average = 100
North Valley, 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 2020-2024. The key points are:
The Median Home Value in North Valley is $386,458.
The Median Rent in North Valley is $893.
The Median Income in North Valley is $61,498.
The Home Value To Income in North Valley is 6.3x.
The Rent To Monthly Income in North Valley is 0.17x.
| Statistic | North Valley | New Mexico | United States |
|---|---|---|---|
| Median Home Value | $386,458 | $316,750 | $332,700 |
| Median Rent | $893 | $1,067 | $1,413 |
| Median Income | $61,498 | $64,059 | $80,734 |
| Home Value To Income | 6.3x | 4.9x | 4.1x |
| Rent To Monthly Income | 0.17x | 0.2x | 0.21x |
North Valley, NM Costs By Category
Detailed North Valley Services costs vs. New Mexico
| Item | North Valley | New Mexico |
|---|---|---|
| Shampoo | $1.15 | $1.28 |
| Movie | $12.54 | $12.13 |
| Bowling | $20.89 | $18 |
| Haircut | $31.9 | $24.26 |
| Beauty Salon | $50.83 | $45.56 |
Detailed North Valley Groceries costs vs. New Mexico
| Item | North Valley | New Mexico |
|---|---|---|
| Ground Beef | $5.11 | $5.84 |
| Fried Chicken | $1.32 | $1.57 |
| Milk | $4.63 | $4.67 |
| Potatoes | $4.18 | $4.93 |
| Pizza | $13.42 | $12.09 |
| Beer | $11.07 | $10.41 |
| Toothpaste | $3.62 | $3.7 |
Detailed North Valley Health costs vs. New Mexico
| Item | North Valley | New Mexico |
|---|---|---|
| Optometrist | $136.89 | $125.68 |
| Doctor | $134.17 | $135.78 |
| Dentist | $111.42 | $113.29 |
Detailed North Valley Transportation costs vs. New Mexico
| Item | North Valley | New Mexico |
|---|---|---|
| Gasoline | $3.5 | $3.46 |
| Tire Balancing | $43.87 | $59.92 |
Detailed North Valley Utilities costs vs. New Mexico
| Item | North Valley | New Mexico |
|---|---|---|
| All Electricity | $191.24 | $193.99 |
| Phone | $190.51 | $192.25 |
North Valley SnackAbility
Cost Of Living In Cities Around North Valley
The cost of living varies in the cities and towns around North Valley. Here's a quick look at the cost of living in the most populous nearby places:
Albuquerque, NM has a cost of living index of 102, 1.0x North Valley.
Rio Rancho, NM has a cost of living index of 100, 1.0x North Valley.
South Valley, NM has a cost of living index of 92, 0.9x North Valley.
| City | Population | Cost Of Living | Vs. North Valley |
|---|---|---|---|
| Albuquerque, NM | 562,218 | 102 | 1.0x |
| Rio Rancho, NM | 108,515 | 100 | 1.0x |
| South Valley, NM | 37,120 | 92 | 0.9x |
| Bernalillo, NM | 9,086 | 96 | 1.0x |
| Corrales, NM | 8,555 | 131 | 1.3x |
| Los Ranchos de Albuquerque, NM | 5,857 | 127 | 1.3x |
