Cost of Living in Boles Acres, NM

Cost indexes, living wages, and fair market rents — 2024 Data

Cost of Living Overview

Overall Index

98.4

100 = national avg

-1.6 vs national average

Living Wage (1 Adult)

$43,318

per year

Living Wage (Family of 4)

$102,387

per year

Cost Index by Category

Housing
95.3
Food
100.2
Transportation
100.4
Healthcare
100.2
Utilities
99.2

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$792

per month

2 Bedroom

$973

per month

The overall cost of living index in Boles Acres is 98.4, which is 1.6% below the national average. Housing costs are below the national average at an index of 95.3. A single adult needs to earn approximately $43,318 per year to cover basic expenses.