Cost of Living in Indian Hills, NM

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

Cost of Living Overview

Overall Index

74.1

100 = national avg

-25.9 vs national average

Living Wage (1 Adult)

$32,583

per year

Living Wage (Family of 4)

$77,014

per year

Cost Index by Category

Housing
73.5
Food
81.8
Transportation
63.7
Healthcare
85.5
Utilities
83.8

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 Indian Hills is 74.1, which is 25.9% below the national average. Housing costs are below the national average at an index of 73.5. A single adult needs to earn approximately $32,583 per year to cover basic expenses.