Cost of Living in Ojo Amarillo, NM

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

Cost of Living Overview

Overall Index

63.7

100 = national avg

-36.3 vs national average

Living Wage (1 Adult)

$28,022

per year

Living Wage (Family of 4)

$66,233

per year

Cost Index by Category

Housing
82.6
Food
66.4
Transportation
32.8
Healthcare
73.1
Utilities
76.4

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 Ojo Amarillo is 63.7, which is 36.3% below the national average. Housing costs are below the national average at an index of 82.6. A single adult needs to earn approximately $28,022 per year to cover basic expenses.