Cost of Living in La Plata, NM
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
95.7
100 = national avg
-4.3 vs national average
Living Wage (1 Adult)
$42,115
per year
Living Wage (Family of 4)
$99,544
per year
Cost Index by Category
Housing99.8
Food91.9
Transportation103.8
Healthcare93.5
Utilities95.1
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$885
per month
2 Bedroom
$1,085
per month
The overall cost of living index in La Plata is 95.7, which is 4.3% below the national average. Housing costs are below the national average at an index of 99.8. A single adult needs to earn approximately $42,115 per year to cover basic expenses.