Cost of Living in Twin Lakes, NM
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
50.2
100 = national avg
-49.8 vs national average
Living Wage (1 Adult)
$22,070
per year
Living Wage (Family of 4)
$52,166
per year
Cost Index by Category
Housing43.4
Food67.5
Transportation35.0
Healthcare74.0
Utilities69.2
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 Twin Lakes is 50.2, which is 49.8% below the national average. Housing costs are below the national average at an index of 43.4. A single adult needs to earn approximately $22,070 per year to cover basic expenses.