Cost of Living in Loving, NM
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
99.7
100 = national avg
-0.3 vs national average
Living Wage (1 Adult)
$43,862
per year
Living Wage (Family of 4)
$103,673
per year
Cost Index by Category
Housing108.7
Food96.0
Transportation92.0
Healthcare96.8
Utilities99.4
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$1,084
per month
2 Bedroom
$1,188
per month
The overall cost of living index in Loving is 99.7, which is 0.3% below the national average. Housing costs are above the national average at an index of 108.7. A single adult needs to earn approximately $43,862 per year to cover basic expenses.