Cost of Living in Willard, NM
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
63.6
100 = national avg
-36.4 vs national average
Living Wage (1 Adult)
$27,993
per year
Living Wage (Family of 4)
$66,165
per year
Cost Index by Category
Housing42.9
Transportation99.1
Utilities82.9
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$1,185
per month
2 Bedroom
$1,464
per month
The overall cost of living index in Willard is 63.6, which is 36.4% below the national average. Housing costs are below the national average at an index of 42.9. A single adult needs to earn approximately $27,993 per year to cover basic expenses.