Cost of Living in West Hammond, NM

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

Cost of Living Overview

Overall Index

94.5

100 = national avg

-5.5 vs national average

Living Wage (1 Adult)

$41,563

per year

Living Wage (Family of 4)

$98,239

per year

Cost Index by Category

Housing
113.8
Food
88.1
Transportation
76.1
Healthcare
90.4
Utilities
95.6

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$885

per month

2 Bedroom

$1,085

per month

The overall cost of living index in West Hammond is 94.5, which is 5.5% below the national average. Housing costs are above the national average at an index of 113.8. A single adult needs to earn approximately $41,563 per year to cover basic expenses.