Cost of living in New Mexico

compared to
Cost of living in New Mexico vs. United States overall average

New Mexico is 11.7% cheaper than United States overall.

Restaurants
pay 6.8% less in New Mexico
Groceries
pay 9.5% less in New Mexico
Transportation
pay 15.1% less in New Mexico
Housing
pay 8.7% less in New Mexico
Childcare
pay 46.0% less in New Mexico
Entertainment and Sports
pay 2.2% more in New Mexico
Clothing
pay 2.1% more in New Mexico

The cost of entertainment and sports and clothing in New Mexico are more expensive than in United States. Expenses including childcare, transportation, groceries, housing, and restaurants are lower in New Mexico.

New Mexico Cost of Living Breakdown
 
Cost
Range
Basic meal with drink at inexpensive restaurant $17.40
$10.00 - $27.40
Fast food combo meal
McDonalds, or similar
$8.80
$8.19 - $12.50
Bottle of Coca-Cola (11 fl. oz) $2.53
$1.88 - $3.50

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Cost
Range
Bread
1 loaf
$2.89
$1.68 - $5.07
Local cheese (8 oz) $6.59
$4.30 - $13.57
Milk (1 gallon) $3.70
$2.63 - $6.10

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Cost
Range
Gasoline (1 gallon) $3.16
$2.80 - $3.95
Monthly public transit pass $32.00
$25.00 - $39.00
New Volkswagen Golf 1.4 (standard edition) $34,466.85
$32,118.00 - $38,271.37

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Cost
Range
Internet connection
50 mbps or faster, cable/dsl
$75.22
$50.00 - $126.00
1-Bedroom apartment in downtown area $1,396.70
$1,202.80 - $1,609.00
1-Bedroom apartment outside city center $1,184.76
$1,090.00 - $1,300.00

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Cost
Range
Private preschool for 1 child, monthly $1,076.67
$890.00 - $1,307.00
Middle school for 1 child, two semesters $6,300.00
$6,375.00 - $6,375.00

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Cost
Range
Domestic/local beer (1 pint) $5.40
$4.70 - $6.65
Cappuccino in mid-range area $4.52
$3.40 - $7.60
Pack of cigarettes
Marlboro or similar
$9.25
$8.38 - $10.70

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Cost
Range
Regular jeans
Levi's brand
$50.78
$22.00 - $72.00
Regular dress
from H&M or similar store
$40.25
$28.00 - $55.00
Running shoes
Nike or Adidas
$92.10
$70.00 - $126.00

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These numbers reflect the average prices of 12 cities in the state of New Mexico, such as Taos, Edgewood, Santa Fe, Rio Rancho, Hobbs, and more. To view the cost of living in a specific city in New Mexico, search for a city above.
For a detailed breakdown of Santa Cruz vs. the national average, see the cost of living in United States compared to New Mexico.

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