Cost of Living in Des Moines, NM
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
65.5
100 = national avg
-34.5 vs national average
Living Wage (1 Adult)
$28,836
per year
Living Wage (Family of 4)
$68,158
per year
Cost Index by Category
Housing20.0
Food96.6
Transportation81.0
Healthcare97.3
Utilities81.9
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$770
per month
2 Bedroom
$973
per month
The overall cost of living index in Des Moines is 65.5, which is 34.5% below the national average. Housing costs are below the national average at an index of 20.0. A single adult needs to earn approximately $28,836 per year to cover basic expenses.