Cost of Living in Springer, NM
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
71.2
100 = national avg
-28.8 vs national average
Living Wage (1 Adult)
$31,341
per year
Living Wage (Family of 4)
$74,078
per year
Cost Index by Category
Housing53.9
Food86.8
Transportation73.7
Healthcare89.5
Utilities82.9
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$888
per month
2 Bedroom
$973
per month
The overall cost of living index in Springer is 71.2, which is 28.8% below the national average. Housing costs are below the national average at an index of 53.9. A single adult needs to earn approximately $31,341 per year to cover basic expenses.