Cost of Living in Chaparral, NM
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
83.8
100 = national avg
-16.2 vs national average
Living Wage (1 Adult)
$36,859
per year
Living Wage (Family of 4)
$87,121
per year
Cost Index by Category
Housing74.8
Food85.2
Transportation112.0
Healthcare88.2
Utilities86.1
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$792
per month
2 Bedroom
$973
per month
The overall cost of living index in Chaparral is 83.8, which is 16.2% below the national average. Housing costs are below the national average at an index of 74.8. A single adult needs to earn approximately $36,859 per year to cover basic expenses.