Cost of Living in Maxwell, NM
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
61.9
100 = national avg
-38.1 vs national average
Living Wage (1 Adult)
$27,255
per year
Living Wage (Family of 4)
$64,421
per year
Cost Index by Category
Housing50.0
Food78.0
Transportation56.1
Healthcare82.4
Utilities76.8
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$888
per month
2 Bedroom
$973
per month
The overall cost of living index in Maxwell is 61.9, which is 38.1% below the national average. Housing costs are below the national average at an index of 50.0. A single adult needs to earn approximately $27,255 per year to cover basic expenses.