Cost of Living in North Valley, NM
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
110.7
100 = national avg
+10.7 vs national average
Living Wage (1 Adult)
$48,728
per year
Living Wage (Family of 4)
$115,176
per year
Cost Index by Category
Housing125.9
Food101.3
Transportation102.6
Healthcare101.0
Utilities106.0
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$1,185
per month
2 Bedroom
$1,464
per month
The overall cost of living index in North Valley is 110.7, which is 10.7% above the national average. Housing costs are above the national average at an index of 125.9. A single adult needs to earn approximately $48,728 per year to cover basic expenses.