Cost of Living in Chamita, NM

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

Cost of Living Overview

Overall Index

93.8

100 = national avg

-6.2 vs national average

Living Wage (1 Adult)

$41,284

per year

Living Wage (Family of 4)

$97,581

per year

Cost Index by Category

Housing
88.1
Food
98.0
Transportation
96.0
Healthcare
98.4
Utilities
96.4

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$742

per month

2 Bedroom

$973

per month

The overall cost of living index in Chamita is 93.8, which is 6.2% below the national average. Housing costs are below the national average at an index of 88.1. A single adult needs to earn approximately $41,284 per year to cover basic expenses.