Cost of Living in Talpa, NM
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
123.3
100 = national avg
+23.3 vs national average
Living Wage (1 Adult)
$54,252
per year
Living Wage (Family of 4)
$128,232
per year
Cost Index by Category
Housing174.2
Food95.3
Transportation90.7
Healthcare96.3
Utilities112.0
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$1,072
per month
2 Bedroom
$1,279
per month
The overall cost of living index in Talpa is 123.3, which is 23.3% above the national average. Housing costs are above the national average at an index of 174.2. A single adult needs to earn approximately $54,252 per year to cover basic expenses.