New Mexico Cost of Living (NM)

The cost of living in New Mexico (NM) is lower than the nationwide average. The average yearly pay in New Mexico is $39,258.00, which is lower than the U.S. average annual salary by $7,484.00. The consumer price index (CPI) of 211 in New Mexico is 5.80% lower than the U.S. city average CPI of 224.

This is calculated by averaging the information about the major metropolitan areas of the state and not by taking the state cost of living information directly. The factors in the calculation include the average New Mexico annual salary, New Mexico tax rates and the regional New Mexico consumer price index.

Regional Consumer Price Index (CPI): Average Annual Pay:
New Mexico U.S. City Average New Mexico U.S. City Average
211 224 $39,258.00 $46,742.00
 
View the Cost of Living for cities in New Mexico (NM):
Alamogordo Cost of LivingAlbuquerque Cost of Living
Artesia Cost of LivingCarlsbad Cost of Living
Clovis Cost of LivingDeming Cost of Living
Farmington Cost of LivingGallup Cost of Living
Hobbs Cost of LivingLas Cruces Cost of Living
Las Vegas Cost of LivingLos Lunas Cost of Living
Portales Cost of LivingRio Rancho Cost of Living
Roswell Cost of LivingSanta Fe Cost of Living
Sunland Park Cost of Living 
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