Cost of Living in Taos, NM
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
102.4
100 = national avg
+2.4 vs national average
Living Wage (1 Adult)
$45,067
per year
Living Wage (Family of 4)
$106,521
per year
Cost Index by Category
Housing137.0
Food85.6
Transportation81.5
Healthcare88.5
Utilities98.8
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 Taos is 102.4, which is 2.4% above the national average. Housing costs are above the national average at an index of 137.0. A single adult needs to earn approximately $45,067 per year to cover basic expenses.