Cost of Living in Prewitt, NM
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
41.5
100 = national avg
-58.5 vs national average
Living Wage (1 Adult)
$18,270
per year
Living Wage (Family of 4)
$43,184
per year
Cost Index by Category
Housing20.0
Food67.6
Transportation35.1
Healthcare74.0
Utilities64.5
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 Prewitt is 41.5, which is 58.5% below the national average. Housing costs are below the national average at an index of 20.0. A single adult needs to earn approximately $18,270 per year to cover basic expenses.