Cost of Living in Tano Road, NM

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

Cost of Living Overview

Overall Index

255.9

100 = national avg

+155.9 vs national average

Living Wage (1 Adult)

$112,599

per year

Living Wage (Family of 4)

$266,143

per year

Cost Index by Category

Housing
335.3
Food
177.4
Transportation
254.7
Healthcare
161.9
Utilities
193.5

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 Tano Road is 255.9, which is 155.9% above the national average. Housing costs are above the national average at an index of 335.3. A single adult needs to earn approximately $112,599 per year to cover basic expenses.