Cost of Living in Wagon Mound, NM

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

Cost of Living Overview

Overall Index

69.2

100 = national avg

-30.8 vs national average

Living Wage (1 Adult)

$30,426

per year

Living Wage (Family of 4)

$71,917

per year

Cost Index by Category

Housing
60.0
Food
82.0
Transportation
63.9
Healthcare
85.6
Utilities
81.2

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$798

per month

2 Bedroom

$973

per month

The overall cost of living index in Wagon Mound is 69.2, which is 30.8% below the national average. Housing costs are below the national average at an index of 60.0. A single adult needs to earn approximately $30,426 per year to cover basic expenses.