Cost of Living in Sandia Knolls, NM

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

Cost of Living Overview

Overall Index

134.1

100 = national avg

+34.1 vs national average

Living Wage (1 Adult)

$59,019

per year

Living Wage (Family of 4)

$139,500

per year

Cost Index by Category

Housing
123.5
Food
128.6
Transportation
157.1
Healthcare
122.9
Utilities
121.8

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$1,185

per month

2 Bedroom

$1,464

per month

The overall cost of living index in Sandia Knolls is 134.1, which is 34.1% above the national average. Housing costs are above the national average at an index of 123.5. A single adult needs to earn approximately $59,019 per year to cover basic expenses.