Cost of Living in Ruidoso, NM
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
90.8
100 = national avg
-9.2 vs national average
Living Wage (1 Adult)
$39,945
per year
Living Wage (Family of 4)
$94,416
per year
Cost Index by Category
Housing103.0
Food88.4
Transportation76.8
Healthcare90.7
Utilities93.6
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$820
per month
2 Bedroom
$999
per month
The overall cost of living index in Ruidoso is 90.8, which is 9.2% below the national average. Housing costs are above the national average at an index of 103.0. A single adult needs to earn approximately $39,945 per year to cover basic expenses.