Cost of Living in Alamo, NM
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
42.5
100 = national avg
-57.5 vs national average
Living Wage (1 Adult)
$18,707
per year
Living Wage (Family of 4)
$44,217
per year
Cost Index by Category
Housing20.0
Food68.7
Transportation37.3
Healthcare74.9
Utilities65.2
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$888
per month
2 Bedroom
$973
per month
The overall cost of living index in Alamo is 42.5, which is 57.5% below the national average. Housing costs are below the national average at an index of 20.0. A single adult needs to earn approximately $18,707 per year to cover basic expenses.