Cost of Living in Corona, NM
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
53.1
100 = national avg
-46.9 vs national average
Living Wage (1 Adult)
$23,371
per year
Living Wage (Family of 4)
$55,241
per year
Cost Index by Category
Housing41.1
Food71.8
Transportation43.6
Healthcare77.5
Utilities71.3
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$820
per month
2 Bedroom
$999
per month
The overall cost of living index in Corona is 53.1, which is 46.9% below the national average. Housing costs are below the national average at an index of 41.1. A single adult needs to earn approximately $23,371 per year to cover basic expenses.