Cost of Living in Carlsbad, NM

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

Cost of Living Overview

Overall Index

110.2

100 = national avg

+10.2 vs national average

Living Wage (1 Adult)

$48,485

per year

Living Wage (Family of 4)

$114,601

per year

Cost Index by Category

Housing
112.3
Food
109.8
Transportation
98.9
Healthcare
107.9
Utilities
108.4

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$1,084

per month

2 Bedroom

$1,188

per month

The overall cost of living index in Carlsbad is 110.2, which is 10.2% above the national average. Housing costs are above the national average at an index of 112.3. A single adult needs to earn approximately $48,485 per year to cover basic expenses.