Cost of Living in New Mexico
Cost of Living in New Mexico | Compared to National Average |
---|---|
Housing (Buy and Rent) | 15% lower |
Utilities (Monthly) | 9% lower |
Food | 2% lower |
Healthcare | 1% lower |
Transportation | 5% lower |
Goods & Services | 7% lower |
The cost of living in New Mexico is 8% lower than the national average. Housing is 15% lower than the national average, while utilities are 9% lower. When it comes to basic necessities such as food and clothing, groceries are around 7% lower than in the rest of the country, while clothing costs 7% lower.
Healthcare services such as doctor check-ups and dentistry cost 1% lower in New Mexico compared to the national average. At the same time, non-necessary expenses such as entertainment and grooming services are 7% lower.
City, State | Compared to State Average | Compared to National Average |
---|---|---|
Rio Rancho, NM | 2% higher | 7% lower |
Albuquerque, NM | 1% higher | 7% lower |
Las Cruces, NM | 3% lower | 12% lower |