Cost of Living in University Park, NM
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
64.7
100 = national avg
-35.3 vs national average
Living Wage (1 Adult)
$28,487
per year
Living Wage (Family of 4)
$67,332
per year
Cost Index by Category
Housing78.2
Food69.4
Transportation38.9
Healthcare75.6
Utilities77.3
100 = national average. Higher = more expensive.
The overall cost of living index in University Park is 64.7, which is 35.3% below the national average. Housing costs are below the national average at an index of 78.2. A single adult needs to earn approximately $28,487 per year to cover basic expenses.