Cost of Living in Luis Lopez, NM

Cost indexes, living wages, and fair market rents — 2024 Data

Cost of Living Overview

Overall Index

107.3

100 = national avg

+7.3 vs national average

Living Wage (1 Adult)

$47,203

per year

Living Wage (Family of 4)

$111,572

per year

Cost Index by Category

Housing
99.1
Food
108.5
Transportation
117.1
Healthcare
106.8
Utilities
105.0

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$888

per month

2 Bedroom

$973

per month

The overall cost of living index in Luis Lopez is 107.3, which is 7.3% above the national average. Housing costs are below the national average at an index of 99.1. A single adult needs to earn approximately $47,203 per year to cover basic expenses.