Cost of Living in Carrizozo, NM

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

Cost of Living Overview

Overall Index

59.4

100 = national avg

-40.6 vs national average

Living Wage (1 Adult)

$26,150

per year

Living Wage (Family of 4)

$61,809

per year

Cost Index by Category

Housing
54.1
Food
70.0
Transportation
60.8
Healthcare
76.0
Utilities
72.8

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$820

per month

2 Bedroom

$999

per month

The overall cost of living index in Carrizozo is 59.4, which is 40.6% below the national average. Housing costs are below the national average at an index of 54.1. A single adult needs to earn approximately $26,150 per year to cover basic expenses.