Cost of Living in North Light Plant, NM

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

Cost of Living Overview

Overall Index

118.4

100 = national avg

+18.4 vs national average

Living Wage (1 Adult)

$52,113

per year

Living Wage (Family of 4)

$123,176

per year

Cost Index by Category

Housing
110.6
Transportation
146.8
Utilities
103.2

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$885

per month

2 Bedroom

$1,085

per month

The overall cost of living index in North Light Plant is 118.4, which is 18.4% above the national average. Housing costs are above the national average at an index of 110.6. A single adult needs to earn approximately $52,113 per year to cover basic expenses.