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 83.

Data Updated: March 2026

Cheapest City

Zuni Pueblo

Index: 63

Most Expensive

Eldorado at Santa Fe

Index: 134

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	63	$79,200	$565	$43,021
2	Tucumcari	63	$56,400	$751	$39,915
3	Anthony	66	$110,800	$550	$33,141
4	Deming	67	$112,800	$596	$35,920
5	Shiprock	67	$101,500	$693	$41,563
6	Truth or Consequences	67	$107,500	$676	$29,142
7	Chaparral	68	$101,900	$874	$46,102
8	Grants	70	$123,600	$750	$49,286
9	Roswell	73	$139,200	$840	$50,294
10	Gallup	73	$134,600	$858	$57,466
11	Las Vegas	73	$143,900	$731	$42,732
12	Portales	73	$132,900	$870	$51,290
13	Raton	73	$148,200	$734	$52,007
14	Socorro	74	$162,400	$675	$51,343
15	Belen	74	$154,600	$877	$40,354
16	Aztec	74	$164,700	$765	$42,699
17	El Cerro Mission	74	$101,000	$1,289	$49,719
18	Bloomfield	75	$167,800	$831	$51,212
19	Alamogordo	76	$163,600	$886	$52,515
20	Silver City	76	$160,900	$851	$39,025
21	Clovis	77	$160,000	$947	$54,029
22	Sunland Park	78	$194,900	$770	$52,147
23	Lovington	78	$162,900	$1,063	$67,284
24	Hobbs	81	$180,700	$1,132	$65,691
25	Española	81	$205,100	$832	$47,664
26	South Valley	82	$205,200	$942	$51,062
27	Artesia	82	$213,800	$875	$77,647
28	Carlsbad	83	$187,900	$1,206	$78,277
29	Farmington	84	$225,400	$993	$63,745
30	Ruidoso	85	$229,100	$924	$50,259
31	Las Cruces	86	$217,400	$1,290	$55,176
32	Bernalillo	86	$237,100	$1,061	$61,624
33	Santa Teresa	86	$216,600	$1,259	$60,759
34	Los Lunas	87	$232,700	$1,157	$63,696
35	North Hobbs	87	$233,200	$1,109	$89,279
36	Edgewood	89	$278,100	$938	$81,227
37	North Valley	93	$290,500	$1,063	$67,115
38	Albuquerque	94	$266,700	$1,457	$65,604
39	Rio Rancho	99	$273,300	$1,902	$85,755
40	Taos	108	$432,700	$915	$46,579
41	Los Ranchos de Albuquerque	109	$442,100	$990	$70,801
42	Santa Fe	110	$411,500	$1,380	$70,110
43	Los Alamos	115	$458,200	$1,304	$136,502
44	Corrales	123	$549,700	$1,184	$114,207
45	Eldorado at Santa Fe	134	$542,800	$2,132	$96,692

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