Cost of Living in Santa Teresa, NM
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
105.8
100 = national avg
+5.8 vs national average
Living Wage (1 Adult)
$46,544
per year
Living Wage (Family of 4)
$110,013
per year
Cost Index by Category
Housing124.2
Food96.4
Transportation92.9
Healthcare97.2
Utilities102.7
100 = national average. Higher = more expensive.
The overall cost of living index in Santa Teresa is 105.8, which is 5.8% above the national average. Housing costs are above the national average at an index of 124.2. A single adult needs to earn approximately $46,544 per year to cover basic expenses.