Cost of Living in Nogal, NM

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

Cost of Living Overview

Overall Index

63.6

100 = national avg

-36.4 vs national average

Living Wage (1 Adult)

$27,992

per year

Living Wage (Family of 4)

$66,162

per year

Cost Index by Category

Housing
65.0
Food
73.7
Transportation
47.4
Healthcare
78.9
Utilities
77.2

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$820

per month

2 Bedroom

$999

per month

The overall cost of living index in Nogal is 63.6, which is 36.4% below the national average. Housing costs are below the national average at an index of 65.0. A single adult needs to earn approximately $27,992 per year to cover basic expenses.