Bernalillo, NM Cost Of Living

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Updated: 2020-03-08
Bernalillo's Overall Cost Of Living
Lower Than The National Average
The cost of living index is set to 100 for the average place in America. An index above 100 means Bernalillo is expensive, while a number below 100 means it's a relatively cheap place to live.

What is the cost of living in Bernalillo, NM?

According to the most recent data on the cost of living, Bernalillo has an overall cost of living index of 88 which is 0.9x lower than the national index of 100.

Compared to only New Mexico, Bernalillo has a cost of living index that's 1.0x lower than New Mexico's index of 92.

The standard of living in Bernalillo ranks as #1324 most affordable out of the 6522 places we measured in New Mexico. By definition, that implies Bernalillo ranks as the #5083 most expensive place in the Land of Enchantment.

Bernalillo Cost Of Living Vs. New Mexico

Living Expense Bernalillo New Mexico National Average
Overall 88 92 100
Services 90 92 100
Groceries 96 99 100
Health 100 99 100
Housing 79 86 100
Transportation 89 97 100
Utilities 95 87 100
For more reading on cost of living around New Mexico, check out:
Bernalillo Cost of Living Vs. NM

Bernalillo, NM Housing Cost Breakdown

Housing swings affordability the most between places in New Mexico, so we broke down the statistics around housing costs into more detail. It's also important to consider median household incomes to make apples-to-apples comparisons across locations.

Home and income come data comes from the most recent US Census ACS 2014-2018.

Median Home Value
Median Rent
Median Income
Statistic Bernalillo New Mexico United States
Median Home Value $154,700 $166,800 $204,900
Median Rent $783 $828 $1,023
Median Income $42,396 $48,059 $60,293
Home Value To Income 3.6x 3.5x 3.4x
Rent To Monthly Income 0.22x 0.21x 0.2x

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Cost Of Living In Cities Around Bernalillo

City Population Cost Of Living Vs. Bernalillo
Albuquerque, NM 559,202 95 1.1x
Rio Rancho, NM 94,765 95 1.1x
North Valley, NM 12,242 96 1.1x
Corrales, NM 8,544 122 1.4x
Los Ranchos de Albuquerque, NM 6,131 111 1.3x
Paradise Hills, NM 5,079 96 1.1x

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