Cost of Living in Ojo Encino, NM
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
68.4
100 = national avg
-31.6 vs national average
Living Wage (1 Adult)
$30,101
per year
Living Wage (Family of 4)
$71,148
per year
Cost Index by Category
Housing82.0
Food72.0
Transportation43.9
Healthcare77.6
Utilities79.6
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$894
per month
2 Bedroom
$1,090
per month
The overall cost of living index in Ojo Encino is 68.4, which is 31.6% below the national average. Housing costs are below the national average at an index of 82.0. A single adult needs to earn approximately $30,101 per year to cover basic expenses.