Cost of Living in Grants, NM
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
77.7
100 = national avg
-22.3 vs national average
Living Wage (1 Adult)
$34,205
per year
Living Wage (Family of 4)
$80,848
per year
Cost Index by Category
Housing73.5
Food87.7
Transportation65.5
Healthcare90.1
Utilities87.3
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$823
per month
2 Bedroom
$993
per month
The overall cost of living index in Grants is 77.7, which is 22.3% below the national average. Housing costs are below the national average at an index of 73.5. A single adult needs to earn approximately $34,205 per year to cover basic expenses.