A
4%
Overall NAT. AVG.
3%
Goods & Services NAT. AVG.
100%
Housing NAT. AVG.
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Date & Last Updated: This data reflects 2023 and was released from C2ER in January, 2024; this is the most current data available.
The cost of living index is based on a national average of 100. For example, if the cost of living is 90, then it is 10% lower than average. If the cost of living is 110, then it is 10% higher than average. The breakdown for each index is as follows: goods & services (33%), groceries (13%), health care (5%), housing (30%), transportation (9%) and utilities (10%). If the cost of living data was unavailable for this city, estimates based upon nearby cities were used.
Index Loco Hills New Mexico National
Cost of living9693100
Goods & Services9797100
Groceries9797100
Health care9497100
Housingn/a86100
Transportation9495100
Utilities9990100
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Cost Of Living Quick Facts

  • The cost of living in Loco Hills is 4% higher than the New Mexico average
  • The cost of living in Loco Hills is 4% lower than the national average
  • Loco Hills housing is 18% lower than the national average
  • New Mexico general sales tax is 2% lower than the national average
  • New Mexico state income tax is 35% lower than the national average

Most Affordable Places to Live in and Around Loco Hills

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Compare Loco Hills, NM Cost of Living

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      Salary Calculator

          This is how much you would need to earn in
          Price difference in compared to
          Cost of living index
          Goods & Services index
          Groceries index
          Health care index
          Housing index
          Transportation index
          Utilities index

          Median Income & Debt-To-Income Ratio

          Median Income Per Year Per Month Max Budget (28% DTI) Max Budget (36% DTI)
          Owners$0$0$0$0
          Renters$0$0$0$0

          New Mexico Sales Tax

          State General Sales Tax With Max Surtax
          New Mexico 5% 8.688%

          New Mexico Income Tax

          State Income Tax (Low) Income Tax (High)
          New Mexico 1.7% 5.9%

          Goods & Services

          Item Loco Hills National avg. Difference
          Haircut $27.73$24.2614.3%
          Beauty Salon $70.27$45.5654.2%
          Toothpaste $3.61$3.702.5%
          Shampoo $1.15$1.2810.2%
          Movie $11.70$12.133.6%
          Bowling $17.73$18.001.5%

          Groceries

          Item Loco Hills National avg. Difference
          Ground Beef $5.50$5.845.8%
          Fried Chicken $1.67$1.576.0%
          Milk $4.58$4.672.0%
          Potatoes $4.86$4.931.5%
          Pizza $11.64$12.093.7%
          Beer $10.47$10.410.6%

          Health Care

          Item Loco Hills National avg. Difference
          Optometrist $134.65$125.687.1%
          Doctor $146.52$135.787.9%
          Dentist $122.61$113.298.2%
          Ibuprofen $10.35$10.652.8%
          Lipitor $466.56$468.600.4%

          Housing

          Item Loco Hills National avg. Difference
          Home Price $0.00$184,700.00100.0%
          Avg. Mortgage Payment $1,699.62$2,346.6927.6%
          Apartment Rent $0.00$949.00100.0%

          Transportation

          Item Loco Hills National avg. Difference
          Gasoline $3.06$3.4611.5%
          Tire Balancing $61.55$59.922.7%

          Utilities

          Item Loco Hills National avg. Difference
          All Electricity $137.32$193.9929.2%
          Phone $207.58$192.258.0%
          Although the cost of living data is updated regularly, this cost of living information is to be used as estimates only as prices can change on an ongoing basis.

          Nearby cities with low cost of living

          City Population Cost of Living Index National Avg.
          Loco Hills, NM22963.6%

          Cities with similar population

          City Population Cost of Living Index National Avg.
          Dot Lake Village, AK2213635.7%
          Coppock, IA22981.6%
          Pioneer, IA22990.7%
          Byers, KS227623.9%
          Irwin, MO22919.3%
          Loco Hills, NM22963.6%
          Date & Last Updated: This data reflects 2023 and was released from C2ER in January, 2024; this is the most current data available.