Cost of Living in Lamy, NM
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
260.4
100 = national avg
+160.4 vs national average
Living Wage (1 Adult)
$114,591
per year
Living Wage (Family of 4)
$270,851
per year
Cost Index by Category
Housing290.0
Utilities157.0
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$1,390
per month
2 Bedroom
$1,685
per month
The overall cost of living index in Lamy is 260.4, which is 160.4% above the national average. Housing costs are above the national average at an index of 290.0. A single adult needs to earn approximately $114,591 per year to cover basic expenses.