Cost Of Living in Tome, NM

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	Tome	New Mexico	National
Cost of living	107	93	100
Goods & Services	100	97	100
Groceries	97	97	100
Health care	96	97	100
Housing	128	86	100
Transportation	93	95	100
Utilities	99	90	100

New Real Estate Listings in Tome Area

For Sale For Rent

Search

Search Homes for Sale in Tome, NM

See How Much House You Can Afford. Get Pre-Approved Today

Cost Of Living Quick Facts

The cost of living in Tome is 15% higher than the New Mexico average
The cost of living in Tome is 7% higher than the national average
Tome housing is 28% higher 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 Tome

See all the best places to live around Tome

Compare Tome, NM Cost of Living

Write a review to give others more information about this area.

See all Tome poll results

The best places in New Mexico

Here are the best places to live in New Mexico

Safest States In The US

These are the 10 cheapest cities in New Mexico

Most Dangerous Cities In The US

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	$67,176	$5,598	$1,567	$2,015
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	Tome	National avg.	Difference
Haircut	$31.90	$24.26	31.5%
Beauty Salon	$50.83	$45.56	11.6%
Toothpaste	$3.62	$3.70	2.3%
Shampoo	$1.15	$1.28	10.5%
Movie	$12.54	$12.13	3.3%
Bowling	$20.89	$18.00	16.1%

Groceries

Item	Tome	National avg.	Difference
Ground Beef	$5.11	$5.84	12.5%
Fried Chicken	$1.32	$1.57	16.1%
Milk	$4.63	$4.67	1.0%
Potatoes	$4.18	$4.93	15.3%
Pizza	$13.42	$12.09	11.0%
Beer	$11.07	$10.41	6.4%

Health Care

Item	Tome	National avg.	Difference
Optometrist	$136.89	$125.68	8.9%
Doctor	$134.17	$135.78	1.2%
Dentist	$111.42	$113.29	1.7%
Ibuprofen	$10.43	$10.65	2.1%
Lipitor	$380.06	$468.60	18.9%

Housing

Item	Tome	National avg.	Difference
Home Price	$279,800.00	$184,700.00	51.5%
Avg. Mortgage Payment	$1,905.97	$2,346.69	18.8%
Apartment Rent	$682.00	$949.00	28.1%

Transportation

Item	Tome	National avg.	Difference
Gasoline	$3.50	$3.46	1.1%
Tire Balancing	$43.87	$59.92	26.8%

Utilities

Item	Tome	National avg.	Difference
All Electricity	$191.24	$193.99	1.4%
Phone	$190.51	$192.25	0.9%

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.
Adelino, NM	1,110	98	2.1%
Chical, NM	205	98	2.1%
Isleta Village Proper, NM	489	83	17.2%
Meadow Lake, NM	4,266	83	16.6%
Jarales, NM	2,207	84	16.2%
Tome, NM	1,585	107	6.8%

Cities with similar population

City	Population	Cost of Living Index	National Avg.
Worthington Hills, KY	1,585	97	2.8%
Franklin, TX	1,585	86	14.2%
Middletown, VA	1,585	105	4.6%
Rustburg, VA	1,585	95	5.1%
Mulberry, AR	1,586	82	18.2%
Tome, NM	1,585	107	6.8%

Date & Last Updated: This data reflects 2023 and was released from C2ER in January, 2024; this is the most current data available.

Cost of Living in Tome, NM