๐Ÿ’ฐ COL Index: 93 โ€” Below Avg Cost

Salaries in South Valley CDP, NM

What every job actually pays โ€” cost-of-living adjusted

Updated: February 2026 ยท 27 occupations ยท BLS + Census data

Avg. Salary
$55,810
across 27 roles
COL-Adjusted Avg
$60,010
real purchasing power
Top Paying Role
Software Developer
$124,587
1BR Rent
$930
median monthly

You might not expect a software developer to make more here, in real terms, than someone in Austin. But in South Valley CDP, the math works that way. With a cost of living index of 93, that $124,587 salary feels more like $133,965. Thatโ€™s a buying power advantage you donโ€™t see in many tech hubs.

Letโ€™s talk purchasing power. A median household income of $51,062 goes further here than the national average. A one-bedroom apartment runs you about $930 a month. Thatโ€™s well under the 30% of income rule for a single earner making the cityโ€™s average. Itโ€™s not a gold rush, but itโ€™s a comfortable runway, especially if youโ€™re in a skilled trade or healthcare.

The economy here isnโ€™t powered by a single giant. Itโ€™s a mix of local services, healthcare, and education. Youโ€™ll find decent pay for teachers and nursesโ€”both land around $84,000โ€”which is solid for a community of 36,605 people. The unemployment rate sits at a healthy 4.0%, but the low percentage of residents with a bachelorโ€™s degree (14.7%) means thereโ€™s a ceiling for many. The real money is for those with specialized skills.

Hereโ€™s the honest catch: the average salary across all roles is just $55,810. Thatโ€™s not bad, but itโ€™s not a path to wealth. Wages havenโ€™t necessarily kept pace with the modest cost-of-living increases weโ€™ve seen nationally. This city works best for people in the top-paying fields or those who own their own business. For everyone else, itโ€™s affordable, but you wonโ€™t get rich.

The data below breaks down who earns what and how far their money really goes. Itโ€™s a clear picture of who wins and who just gets by.

๐Ÿ† Top 5 Highest-Paying Jobs in South Valley CDP

Ranked by raw salary. See COL-adjusted figures in the full table below.

๐Ÿฅ‡ -2% vs national

Software Developer

$124,587
๐Ÿ’ก COL-Adjusted $133,965
โฑ Hourly $59.90/hr
๐Ÿ“ˆ Job Growth +17.0%
๐Ÿฅˆ -2% vs national

Accountant

$84,272
๐Ÿ’ก COL-Adjusted $90,615
โฑ Hourly $40.52/hr
๐Ÿ“ˆ Job Growth +3.0%
๐Ÿฅ‰ -2% vs national

Registered Nurse

$84,262
๐Ÿ’ก COL-Adjusted $90,604
โฑ Hourly $40.51/hr
๐Ÿ“ˆ Job Growth +6.0%
4๏ธโƒฃ -2% vs national

Elementary School Teacher

$62,332
๐Ÿ’ก COL-Adjusted $67,024
โฑ Hourly $29.97/hr
๐Ÿ“ˆ Job Growth +3.0%
5๏ธโƒฃ -2% vs national

Electrician

$60,257
๐Ÿ’ก COL-Adjusted $64,792
โฑ Hourly $28.97/hr
๐Ÿ“ˆ Job Growth +3.0%

๐Ÿ“‹ Complete Salary Guide โ€” All 27 Occupations in South Valley CDP

COL-Adjusted Salary = Raw salary divided by the cost of living index (93/100). Higher = more real purchasing power. This city's COL is below the US average.

# Occupation โ†• Raw Salary โ†•
1 Software Developer $124,587
2 Accountant $84,272
3 Registered Nurse $84,262
4 Elementary School Teacher $62,332
5 Electrician $60,257
6 Real Estate Agent $60,188
7 Heavy Truck Driver $51,975
8 Medical Assistant $48,950
9 Paralegal $48,950
10 Welder $48,950
11 Web Developer $48,950
12 Police Officer $48,950
13 Graphic Designer $48,950
14 Plumber $48,950
15 Data Analyst $48,950
16 Project Manager $48,950
17 Firefighter $48,950
18 Carpenter $48,950
19 Human Resources Specialist $48,950
20 Financial Analyst $48,950
21 Physical Therapist $48,950
22 Pharmacist $48,950
23 HVAC Technician $48,950
24 Dental Hygienist $48,950
25 Construction Manager $48,950
26 Marketing Manager $48,950
27 Nursing Assistant (CNA) $48,950

Source: Bureau of Labor Statistics Occupational Employment Statistics. COL Index from C2ER/ACCRA.

๐Ÿ™๏ธ Living Costs in South Valley CDP

๐Ÿ 
1BR Rent
$930/mo
๐Ÿก
2BR Rent
$1,162/mo
๐Ÿ˜๏ธ
Median Home
$205,200
๐Ÿ“‰
Unemployment
4.0%
๐Ÿ’ณ
Median Income
$51,062
๐ŸŽ“
College Educated
15%
๐Ÿšถ
Walk Score
35/100
๐Ÿ“Š
Cost of Living
93
Below Avg Cost

๐Ÿงฎ Can You Afford to Live in South Valley CDP?

Use our Salary Reality Check to see if your specific income covers housing, taxes, and expenses in South Valley CDP. Enter your salary and see exactly how far your money goes.

โ“ South Valley CDP Salary FAQ

What is the average salary in South Valley CDP, NM?

โ–ผ
The average salary across 40 occupations in South Valley CDP is $55,810 (2026). This average is 7% below the national average due to a Cost of Living Index of 93.0. The median household income is $51,062.

What jobs pay the most in South Valley CDP?

โ–ผ
The highest paying role is Software Developer at $124,587. This is 123% higher than the local average salary of $55,810. The role's high pay is not fully offset by the area's lower cost of living (Index 93.0).

Is South Valley CDP affordable on a Software Developer salary?

โ–ผ
Yes, a Software Developer salary of $124,587 is highly affordable in South Valley CDP. The 1BR rent of $930/mo consumes only 9% of the gross monthly income. The local Cost of Living Index of 93.0 means purchasing power is 7% higher than the national average.

How does South Valley CDP's cost of living affect my paycheck?

โ–ผ
A Cost of Living Index of 93.0 means your paycheck has 7% more purchasing power than the national average. For example, a $55,810 average salary here feels like $59,581 nationally. The low 1BR rent of $930/mo is a primary driver of this affordability.

What salary do you need to live comfortably in South Valley CDP?

โ–ผ
To live comfortably, a single person should target a salary around $55,810, which is the local average. This covers a 1BR rent ($930/mo) at the recommended 30% of income. The area's median household income is $51,062, suggesting $55,810 allows for a comfortable margin.

๐Ÿ“ Editor's Verdict: Is South Valley CDP Worth It?

Hereโ€™s my honest take: South Valley CDP is a solid pick if youโ€™re chasing value. With a cost of living index of 93.0 and rent at $930/month, your paycheck stretches further than in most places. The average salary of $55,810 feels reasonable given the low expenses, but the real standout is software development. At $124,587โ€”or $133,965 adjustedโ€”itโ€™s a no-brainer for tech workers. Healthcare and trades fare fine, but they donโ€™t get the same bang-for-buck boost. If youโ€™re in tech, this is a sweet spot. My advice? Lock in a remote-friendly role or a local gig before you moveโ€”opportunities are limited, but the math works if you play it smart.

Explore South Valley CDP Further