Cost of Living in Hyde Park, NM

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

Cost of Living Overview

Overall Index

272.0

100 = national avg

+172.0 vs national average

Living Wage (1 Adult)

$119,701

per year

Living Wage (Family of 4)

$282,929

per year

Cost Index by Category

Housing
400.0
Food
189.4
Transportation
164.3
Healthcare
171.6
Utilities
200.0

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$1,390

per month

2 Bedroom

$1,685

per month

The overall cost of living index in Hyde Park is 272.0, which is 172.0% above the national average. Housing costs are above the national average at an index of 400.0. A single adult needs to earn approximately $119,701 per year to cover basic expenses.