Cost of Living in Shiprock, NM

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

Cost of Living Overview

Overall Index

71.6

100 = national avg

-28.4 vs national average

Living Wage (1 Adult)

$31,487

per year

Living Wage (Family of 4)

$74,425

per year

Cost Index by Category

Housing
67.0
Food
81.8
Transportation
63.5
Healthcare
85.4
Utilities
82.5

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$885

per month

2 Bedroom

$1,085

per month

The overall cost of living index in Shiprock is 71.6, which is 28.4% below the national average. Housing costs are below the national average at an index of 67.0. A single adult needs to earn approximately $31,487 per year to cover basic expenses.