Cost of Living in Los Chaves, NM
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
111.5
100 = national avg
+11.5 vs national average
Living Wage (1 Adult)
$49,048
per year
Living Wage (Family of 4)
$115,932
per year
Cost Index by Category
Housing101.8
Food112.2
Transportation124.3
Healthcare109.7
Utilities107.6
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$1,185
per month
2 Bedroom
$1,464
per month
The overall cost of living index in Los Chaves is 111.5, which is 11.5% above the national average. Housing costs are above the national average at an index of 101.8. A single adult needs to earn approximately $49,048 per year to cover basic expenses.