Las Cruces, NM Cost Of Living
Cost Of Living In Las Cruces, NM Summary
Cost of living in Las Cruces research summary. The cost of living index is set to 100 for the average place in the United States. A cost of living index above 100 means Las Cruces is expensive. An index value below 100 means the city is a relatively cheap place to live.
On a city-by-city basis in New Mexico, home prices and rent have the biggest impact on the cost of living. Here are the key takeaways based on Saturday Night Science:
The cost of living index in Las Cruces is 90, with 100 being the average.
The cost of living index in Las Cruces is 0.9x lower than the national average.
Las Cruces ranks as the #19 cheapest in New Mexico out of 45.
Las Cruces ranks as the #1,206 cheapest out of 6,489 in the US.
The median home value in Las Cruces is $288,612.
The median income in Las Cruces is $55,176.
Table Of Contents
Las Cruces's Overall Cost Of Living
Lower Than The National Average
What is the cost of living in Las Cruces, NM?
According to the most recent data on the cost of living, Las Cruces has an overall cost of living index of 90, which is 0.9x lower than the national index of 100.
Compared to New Mexico, Las Cruces has a cost of living index that's 0.9x lower than New Mexico's index of 95.
The standard of living in Las Cruces ranks as #19 most affordable out of the 45 places we measured in New Mexico. By definition, that implies Las Cruces ranks as the #26 most expensive place in the Land of Enchantment.
For more reading on life in Las Cruces, check out:
In New Mexico
In America
Las Cruces Cost Of Living Vs. New Mexico
Six factors go into calculating the cost of living index in Las Cruces. Here is how it fairs on each of the criteria:
The Services index in Las Cruces is 95.
The Groceries index in Las Cruces is 97.
The Health index in Las Cruces is 97.
The Housing index in Las Cruces is 87.
The Transportation index in Las Cruces is 97.
The Utilities index in Las Cruces is 81.
| Living Expense | Las Cruces | New Mexico | National Average | |
|---|---|---|---|---|
| Overall | 90 | 95 | 100 | |
| Services | 95 | 96 | 100 | |
| Groceries | 97 | 96 | 100 | |
| Health | 97 | 95 | 100 | |
| Housing | 87 | 87 | 100 | |
| Transportation | 97 | 93 | 100 | |
| Utilities | 81 | 89 | 100 | |
Las Cruces, NM Housing Cost Breakdown
Housing swings affordability the most between places in New Mexico, so we broke down housing costs into more detail. Home and income data comes from the most recent US Census ACS 2019-2023. The key points are:
The Median Home Value in Las Cruces is $288,612.
The Median Rent in Las Cruces is $946.
The Median Income in Las Cruces is $55,176.
The Home Value To Income in Las Cruces is 5.2x.
The Rent To Monthly Income in Las Cruces is 0.21x.
| Statistic | Las Cruces | New Mexico | United States |
|---|---|---|---|
| Median Home Value | $288,612 | $311,815 | $303,400 |
| Median Rent | $946 | $1,021 | $1,348 |
| Median Income | $55,176 | $62,125 | $78,538 |
| Home Value To Income | 5.2x | 5.0x | 3.9x |
| Rent To Monthly Income | 0.21x | 0.2x | 0.21x |
Median Home Value
Median Rent
Median Income
Las Cruces, NM Costs By Category
Detailed Las Cruces Services Costs Vs. New Mexico
| Item | Las Cruces | New Mexico |
|---|---|---|
| Shampoo | $1.09 | $1.28 |
| Movie | $13.0 | $12.13 |
| Bowling | $14.33 | $18 |
| Haircut | $24.56 | $24.26 |
| Beauty Salon | $46.0 | $45.56 |
Detailed Las Cruces Groceries Costs Vs. New Mexico
| Item | Las Cruces | New Mexico |
|---|---|---|
| Ground Beef | $5.69 | $5.84 |
| Fried Chicken | $1.32 | $1.57 |
| Milk | $4.53 | $4.67 |
| Potatoes | $4.15 | $4.93 |
| Pizza | $12.38 | $12.09 |
| Beer | $10.68 | $10.41 |
| Toothpaste | $3.67 | $3.7 |
Detailed Las Cruces Health Costs Vs. New Mexico
| Item | Las Cruces | New Mexico |
|---|---|---|
| Optometrist | $150.67 | $125.68 |
| Doctor | $140.33 | $135.78 |
| Dentist | $113.72 | $113.29 |
Detailed Las Cruces Transportation Costs Vs. New Mexico
| Item | Las Cruces | New Mexico |
|---|---|---|
| Gasoline | $3.35 | $3.46 |
| Tire Balancing | $53.65 | $59.92 |
Detailed Las Cruces Utilities Costs Vs. New Mexico
| Item | Las Cruces | New Mexico |
|---|---|---|
| All Electricity | $192.0 | $193.99 |
| Phone | $189.63 | $192.25 |
Las Cruces SnackAbility
/10
Cost Of Living In Cities Around Las Cruces
The cost of living varies in the cities and towns around Las Cruces. Here's a quick look at the cost of living in the most populous nearby places:
El Paso, TX has a cost of living index of 90, 1.0x Las Cruces.
Sunland Park, NM has a cost of living index of 86, 1.0x Las Cruces.
Chaparral, NM has a cost of living index of 81, 0.9x Las Cruces.
| City | Population | Cost Of Living | Vs. Las Cruces |
|---|---|---|---|
| El Paso, TX | 678,147 | 90 | 1.0x |
| Sunland Park, NM | 17,085 | 86 | 1.0x |
| Chaparral, NM | 16,642 | 81 | 0.9x |
| Anthony, NM | 8,701 | 81 | 0.9x |
| Santa Teresa, NM | 5,973 | 95 | 1.1x |
