Cost of living in New Mexico
compared to
#30
State Cost of Living Rank
Index: 79 (California = 100)
Cost of living in New Mexico vs. United States overall average
New Mexico is 8.1% cheaper than United States overall.
- Restaurants
-
pay 7.4% less in New Mexico
- Groceries
-
pay 4.1% less in New Mexico
- Transportation
-
pay 18.1% less in New Mexico
- Housing
-
pay 13.9% less in New Mexico
- Childcare
-
pay 14.7% less in New Mexico
- Entertainment and Sports
-
pay 0.9% less in New Mexico
- Clothing
-
pay 2.2% more in New Mexico
Expenses including transportation, childcare, housing, restaurants, groceries, and entertainment and sports are lower in New Mexico.
New Mexico Cost of Living Breakdown
Restaurants
|
Cost
|
Range | |
|---|---|---|
| Basic meal with drink at inexpensive restaurant | $17.70 |
$12.00
$12.00
$37.40
$37.40
|
|
Fast food combo meal
McDonalds, or similar
|
$10.10 |
$8.00
$8.00
$12.88
$12.88
|
| Bottle of Coca-Cola (11 fl. oz) | $2.48 |
$1.80
$1.80
$4.20
$4.20
|
| Bottle of water (11 fl. oz) | $1.84 |
$1.50
$1.50
$2.90
$2.90
|
New Mexico - Cost of restaurants
Groceries
|
Cost
|
Range | |
|---|---|---|
|
Bread
1 loaf
|
$3.08 |
$1.62
$1.62
$5.46
$5.46
|
| Local cheese (8 oz) | $6.32 |
$4.59
$4.59
$15.51
$15.51
|
| Milk (1 gallon) | $3.81 |
$2.72
$2.72
$8.08
$8.08
|
|
Eggs
1 dozen
|
$4.20 |
$2.25
$2.25
$7.10
$7.10
|
| Boneless chicken breast (1 lb) | $5.09 |
$2.88
$2.88
$9.20
$9.20
|
| Apples (1 lb) | $2.18 |
$1.07
$1.07
$3.50
$3.50
|
| Bananas (1 lb) | $0.69 |
$0.55
$0.55
$1.60
$1.60
|
| Oranges (1 lb) | $2.03 |
$1.09
$1.09
$4.20
$4.20
|
| Tomatoes (1 lb) | $2.37 |
$0.97
$0.97
$3.90
$3.90
|
| Potatoes (1 lb) | $1.46 |
$0.63
$0.63
$3.06
$3.06
|
| Onions (1 lb) | $1.20 |
$0.80
$0.80
$2.16
$2.16
|
New Mexico - Cost of groceries
Transportation
|
Cost
|
Range | |
|---|---|---|
| Gasoline (1 gallon) | $2.94 |
$2.69
$2.69
$3.63
$3.63
|
| Monthly public transit pass | $32.00 |
$25.00
$25.00
$39.00
$39.00
|
| New Volkswagen Golf 1.4 (standard edition) | $29,636.00 |
$28,561.82
$29K
$33,856.94
$34K
|
| Taxi trip in downtown area (5 miles) | $17.84 |
$17.84
$17.84
$24.01
$24.01
|
New Mexico - Cost of transportation
Housing
|
Cost
|
Range | |
|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$68.61 |
$53.00
$53.00
$112.20
$112.20
|
| 1-Bedroom apartment in downtown area | $1,407.44 |
$1,220.00
$1K
$1,759.00
$2K
|
| 1-Bedroom apartment outside city center | $1,172.03 |
$1,070.00
$1K
$1,320.00
$1K
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$116.42 |
$89.67
$89.67
$299.92
$299.92
|
New Mexico - Cost of housing
Childcare
|
Cost
|
Range | |
|---|---|---|
| Private preschool for 1 child, monthly | $1,218.00 |
$1,186.00
$1K
$1,355.00
$1K
|
| Middle school for 1 child, two semesters | $19,225.20 |
$19,111.20
$19K
$22,084.80
$22K
|
New Mexico - Cost of childcare
Entertainment and Sports
|
Cost
|
Range | |
|---|---|---|
| Domestic/local beer (1 pint) | $5.40 |
$3.90
$3.90
$8.00
$8.00
|
| Cappuccino in mid-range area | $4.78 |
$2.30
$2.30
$7.60
$7.60
|
|
Pack of cigarettes
Marlboro or similar
|
$9.57 |
$8.35
$8.35
$10.62
$10.62
|
| Monthly membership at local gym | $66.14 |
$43.00
$43.00
$94.00
$94.00
|
| Movie ticket to theater/cinema | $11.57 |
$10.55
$10.55
$18.40
$18.40
|
New Mexico - Cost of entertainment and sports
Clothing
|
Cost
|
Range | |
|---|---|---|
|
Regular jeans
Levi's brand
|
$48.30 |
$24.00
$24.00
$72.00
$72.00
|
|
Regular dress
from H&M or similar store
|
$47.80 |
$26.40
$26.40
$75.60
$75.60
|
|
Running shoes
Nike or Adidas
|
$92.18 |
$59.99
$59.99
$130.00
$130.00
|
| Men's business shoes (leather) | $106.13 |
$83.00
$83.00
$118.00
$118.00
|
New Mexico - Cost of clothing
Compare New Mexico with other locations
These numbers reflect the average prices of 1 city in New Mexico: Santa Fe.
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