Cost of Living in Center Point, NM

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

Cost of Living Overview

Overall Index

97.3

100 = national avg

-2.7 vs national average

Living Wage (1 Adult)

$42,793

per year

Living Wage (Family of 4)

$101,146

per year

Cost Index by Category

Housing
121.5
Food
88.0
Transportation
76.0
Healthcare
90.4
Utilities
97.1

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$885

per month

2 Bedroom

$1,085

per month

The overall cost of living index in Center Point is 97.3, which is 2.7% below the national average. Housing costs are above the national average at an index of 121.5. A single adult needs to earn approximately $42,793 per year to cover basic expenses.