Cost of Living in Santa Cruz, NM

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

Cost of Living Overview

Overall Index

69.6

100 = national avg

-30.4 vs national average

Living Wage (1 Adult)

$30,606

per year

Living Wage (Family of 4)

$72,342

per year

Cost Index by Category

Housing
74.1
Food
76.6
Transportation
53.1
Healthcare
81.2
Utilities
80.8

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$1,390

per month

2 Bedroom

$1,685

per month

The overall cost of living index in Santa Cruz is 69.6, which is 30.4% below the national average. Housing costs are below the national average at an index of 74.1. A single adult needs to earn approximately $30,606 per year to cover basic expenses.