Cost of Living in New Mexico
Cost of Living in New Mexico | Compared to National Average |
---|---|
Housing (Buy and Rent) | 8% lower |
Utilities (Monthly) | 10% lower |
Food | 4% lower |
Healthcare | 2% lower |
Transportation | 3% lower |
Goods & Services | 2% lower |
The cost of living in New Mexico is 5% lower than the national average. Housing is 8% lower than the national average, while utilities are 10% lower. When it comes to basic necessities such as food and clothing, groceries are around 4% lower than in the rest of the country, while clothing costs 2% lower.
Healthcare services such as doctor check-ups and dentistry cost 2% lower in New Mexico compared to the national average. At the same time, non-necessary expenses such as entertainment and grooming services are 2% lower.
The Cost of Living in New Mexico Largest Cities Compared to the National Average
City, State | Compared to State Average | Compared to National Average |
---|---|---|
Los Alamos, NM | 8% higher | 3% higher |
Rio Rancho, NM | 3% higher | 2% lower |
Albuquerque, NM | 1% lower | 6% lower |
Las Cruces, NM | 5% lower | 10% lower |
Carlsbad, NM | 5% lower | 10% lower |