Cost of Living in Algodones, NM
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
106.3
100 = national avg
+6.3 vs national average
Living Wage (1 Adult)
$46,762
per year
Living Wage (Family of 4)
$110,527
per year
Cost Index by Category
Housing120.0
Food98.7
Transportation97.5
Healthcare99.0
Utilities103.2
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$1,185
per month
2 Bedroom
$1,464
per month
The overall cost of living index in Algodones is 106.3, which is 6.3% above the national average. Housing costs are above the national average at an index of 120.0. A single adult needs to earn approximately $46,762 per year to cover basic expenses.