Cost of Living in Highland Meadows, NM

Cost indexes, living wages, and fair market rents — 2024 Data

Cost of Living Overview

Overall Index

69.4

100 = national avg

-30.6 vs national average

Living Wage (1 Adult)

$30,516

per year

Living Wage (Family of 4)

$72,129

per year

Cost Index by Category

Housing
63.7
Utilities
89.1

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$1,185

per month

2 Bedroom

$1,464

per month

The overall cost of living index in Highland Meadows is 69.4, which is 30.6% below the national average. Housing costs are below the national average at an index of 63.7. A single adult needs to earn approximately $30,516 per year to cover basic expenses.