Cost of Living in Cedar Grove, NM
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
95.1
100 = national avg
-4.9 vs national average
Living Wage (1 Adult)
$41,854
per year
Living Wage (Family of 4)
$98,929
per year
Cost Index by Category
Housing91.1
Food98.2
Transportation96.4
Healthcare98.6
Utilities97.2
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$1,390
per month
2 Bedroom
$1,685
per month
The overall cost of living index in Cedar Grove is 95.1, which is 4.9% below the national average. Housing costs are below the national average at an index of 91.1. A single adult needs to earn approximately $41,854 per year to cover basic expenses.