Cost of Living in Valencia County, NM

What does it cost to live in Valencia County? Income, housing, and affordability breakdown.

Median Income

$56,246

Median Rent

$873/mo

Median Home

$184,400

Affordability

426

Housing Cost Breakdown

Owning (20% down, 6.5%)

Mortgage (P&I)$932
Property Tax$108
Insurance$61

Total Monthly$1,101
% of Income23.5%

Renting

Median Rent$873
Renter's Insurance$25

Total Monthly$898
% of Income18.6%

Living in Valencia County, New Mexico

Valencia County has a median household income of $56,246 with housing costs that represent 23.5% of income for owners and 18.6% for renters. Housing costs are within the recommended 30% of income threshold.

The affordability index of 426 (100 = median income perfectly covers median housing costs) gives a quick snapshot. Use our calculator for a comprehensive comparison across counties, including taxes, utilities, healthcare, and commute costs.

Compare Cost of Living Across Counties

Enter two locations and get a side-by-side comparison of housing, taxes, utilities, transportation, and overall affordability with salary adjustment calculations.

Start Free Comparison

Other Counties in New Mexico

County-level data from U.S. Census Bureau American Community Survey (ACS) 2022 5-Year Estimates. Additional sources: Bureau of Labor Statistics, Bureau of Economic Analysis. Estimates are county-level medians. This is not financial advice.