Cost of Living in New Mexico

4 metro areas · Data year: 2024

92.2

Overall

96.1

Goods

77.9

Services

73.6

Rents

Metro Areas in New Mexico

Metro	Overall	Goods	Rents
Albuquerque, NM	95.5	96.1	89.2
Farmington, NM	87.7	96.1	56.6
Las Cruces, NM	90.2	96.1	63.0
Santa Fe, NM	98.8	96.1	108.0

Year	Overall	Goods	Services	Rents
2008	95.1	97.7	82.6	81.1
2009	96.0	100.6	80.9	79.5
2010	94.5	97.7	90.5	78.1
2011	97.1	98.7	93.3	83.5
2012	96.5	99.1	94.2	82.2
2013	95.6	97.6	93.3	81.3
2014	95.5	97.1	98.1	80.3
2015	95.4	98.4	95.3	78.8
2016	94.5	98.0	92.1	79.3
2017	95.7	100.8	92.4	77.9
2018	91.7	96.2	82.0	75.1
2019	93.0	99.3	80.8	74.0
2020	91.8	97.0	83.9	75.4
2021	89.7	96.8	81.7	72.9
2022	90.9	97.7	83.4	75.7
2023	91.0	97.4	77.9	75.3
2024	92.2	96.1	77.9	73.6

Source: Bureau of Economic Analysis, Regional Price Parities. Index where national average = 100.