Cost of Living in Grenville, NM
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
105.5
100 = national avg
+5.5 vs national average
Living Wage (1 Adult)
$46,422
per year
Living Wage (Family of 4)
$109,724
per year
Cost Index by Category
Housing53.1
Food137.3
Transportation105.8
Healthcare129.8
Utilities113.0
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 Grenville is 105.5, which is 5.5% above the national average. Housing costs are below the national average at an index of 53.1. A single adult needs to earn approximately $46,422 per year to cover basic expenses.