Cost of Living in Stanley, NM

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

Cost of Living Overview

Overall Index

79.5

100 = national avg

-20.5 vs national average

Living Wage (1 Adult)

$34,962

per year

Living Wage (Family of 4)

$82,637

per year

Cost Index by Category

Housing
75.7
Utilities
92.7

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 Stanley is 79.5, which is 20.5% below the national average. Housing costs are below the national average at an index of 75.7. A single adult needs to earn approximately $34,962 per year to cover basic expenses.