Cost of Living in Raton, NM

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

Cost of Living Overview

Overall Index

81.7

100 = national avg

-18.3 vs national average

Living Wage (1 Adult)

$35,926

per year

Living Wage (Family of 4)

$84,916

per year

Cost Index by Category

Housing
75.1
Food
89.8
Transportation
79.5
Healthcare
91.8
Utilities
88.9

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$888

per month

2 Bedroom

$973

per month

The overall cost of living index in Raton is 81.7, which is 18.3% below the national average. Housing costs are below the national average at an index of 75.1. A single adult needs to earn approximately $35,926 per year to cover basic expenses.