Cost of Living in Midway, NM
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
76.9
100 = national avg
-23.1 vs national average
Living Wage (1 Adult)
$33,822
per year
Living Wage (Family of 4)
$79,942
per year
Cost Index by Category
Housing81.6
Food79.0
Transportation73.7
Healthcare83.2
Utilities83.7
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$887
per month
2 Bedroom
$1,071
per month
The overall cost of living index in Midway is 76.9, which is 23.1% below the national average. Housing costs are below the national average at an index of 81.6. A single adult needs to earn approximately $33,822 per year to cover basic expenses.