Cost of Living in Casa Colorada, NM
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
110.0
100 = national avg
+10.0 vs national average
Living Wage (1 Adult)
$48,388
per year
Living Wage (Family of 4)
$114,373
per year
Cost Index by Category
Housing107.4
Transportation121.2
Utilities102.2
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 Casa Colorada is 110.0, which is 10.0% above the national average. Housing costs are above the national average at an index of 107.4. A single adult needs to earn approximately $48,388 per year to cover basic expenses.