Cost of Living in Thoreau, NM
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
67.4
100 = national avg
-32.6 vs national average
Living Wage (1 Adult)
$29,648
per year
Living Wage (Family of 4)
$70,076
per year
Cost Index by Category
Housing51.3
Food83.6
Transportation67.2
Healthcare86.9
Utilities80.4
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$894
per month
2 Bedroom
$1,090
per month
The overall cost of living index in Thoreau is 67.4, which is 32.6% below the national average. Housing costs are below the national average at an index of 51.3. A single adult needs to earn approximately $29,648 per year to cover basic expenses.