Cost of Living in La Luz, NM
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
61.3
100 = national avg
-38.7 vs national average
Living Wage (1 Adult)
$26,957
per year
Living Wage (Family of 4)
$63,716
per year
Cost Index by Category
Housing50.6
Food77.0
Transportation54.0
Healthcare81.6
Utilities76.3
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$792
per month
2 Bedroom
$973
per month
The overall cost of living index in La Luz is 61.3, which is 38.7% below the national average. Housing costs are below the national average at an index of 50.6. A single adult needs to earn approximately $26,957 per year to cover basic expenses.