Most Affordable Cities in New Mexico

Cost of living rankings for 45 cities in New Mexico. On average, New Mexico is affordable with a statewide average Cost Index of 56.

Data Updated: March 2026

Cheapest City

Zuni Pueblo

Index: 27

Most Expensive

Eldorado at Santa Fe

Index: 133

State Average

National: 100

Cities Ranked

with complete data

All 45 Cities in New Mexico — By Affordability

#	City	Index	Home Value	Rent	Income
1	Zuni Pueblo	27	$79,200	$565	$43,021
2	Tucumcari	28	$56,400	$751	$39,915
3	Anthony	30	$110,800	$550	$33,141
4	Deming	32	$112,800	$596	$35,920
5	Shiprock	33	$101,500	$693	$41,563
6	Truth or Consequences	33	$107,500	$676	$29,142
7	Chaparral	38	$101,900	$874	$46,102
8	Grants	38	$123,600	$750	$49,286
9	Las Vegas	40	$143,900	$731	$42,732
10	Socorro	41	$162,400	$675	$51,343
11	Raton	41	$148,200	$734	$52,007
12	Roswell	42	$139,200	$840	$50,294
13	Gallup	42	$134,600	$858	$57,466
14	Portales	42	$132,900	$870	$51,290
15	Aztec	44	$164,700	$765	$42,699
16	Belen	45	$154,600	$877	$40,354
17	Bloomfield	45	$167,800	$831	$51,212
18	Silver City	46	$160,900	$851	$39,025
19	Alamogordo	47	$163,600	$886	$52,515
20	Clovis	48	$160,000	$947	$54,029
21	Sunland Park	48	$194,900	$770	$52,147
22	El Cerro Mission	50	$101,000	$1,289	$49,719
23	Española	51	$205,100	$832	$47,664
24	Lovington	52	$162,900	$1,063	$67,284
25	Artesia	53	$213,800	$875	$77,647
26	South Valley	54	$205,200	$942	$51,062
27	Las Cruces	56	$217,400	$946	$55,176
28	Hobbs	56	$180,700	$1,132	$65,691
29	Ruidoso	57	$229,100	$924	$50,259
30	Farmington	58	$225,400	$993	$63,745
31	Carlsbad	59	$187,900	$1,206	$78,277
32	Bernalillo	62	$237,100	$1,061	$61,624
33	Edgewood	63	$278,100	$938	$81,227
34	North Hobbs	63	$233,200	$1,109	$89,279
35	Los Lunas	64	$232,700	$1,157	$63,696
36	Santa Teresa	64	$216,600	$1,259	$60,759
37	Albuquerque	66	$266,700	$1,085	$65,604
38	North Valley	69	$290,500	$1,063	$67,115
39	Rio Rancho	78	$273,300	$1,481	$85,755
40	Taos	83	$432,700	$915	$46,579
41	Los Ranchos de Albuquerque	87	$442,100	$990	$70,801
42	Santa Fe	93	$411,500	$1,380	$70,110
43	Los Alamos	98	$458,200	$1,304	$136,502
44	Corrales	107	$549,700	$1,184	$114,207
45	Eldorado at Santa Fe	133	$542,800	$2,132	$96,692

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