Los Lunas, NM Cost Of Living
Cost Of Living In Los Lunas, NM Summary
Cost of living in Los Lunas 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 Los Lunas 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 Los Lunas is 96, with 100 being the average.
The cost of living index in Los Lunas is 1.0x lower than the national average.
Los Lunas ranks as the #29 cheapest in New Mexico out of 45.
Los Lunas ranks as the #2,104 cheapest out of 6,489 in the US.
The median home value in Los Lunas is $320,421.
The median income in Los Lunas is $63,696.
Table Of Contents
Los Lunas's Overall Cost Of Living
Lower Than The National Average
What is the cost of living in Los Lunas, NM?
According to the most recent data on the cost of living, Los Lunas has an overall cost of living index of 96, which is 1.0x lower than the national index of 100.
Compared to New Mexico, Los Lunas has a cost of living index that's 1.0x higher than New Mexico's index of 95.
The standard of living in Los Lunas ranks as #29 most affordable out of the 45 places we measured in New Mexico. By definition, that implies Los Lunas ranks as the #16 most expensive place in the Land of Enchantment.
For more reading on life in Los Lunas, check out:
In New Mexico
In America
Los Lunas Cost Of Living Vs. New Mexico
Six factors go into calculating the cost of living index in Los Lunas. Here is how it fairs on each of the criteria:
The Services index in Los Lunas is 101.
The Groceries index in Los Lunas is 99.
The Health index in Los Lunas is 97.
The Housing index in Los Lunas is 99.
The Transportation index in Los Lunas is 92.
The Utilities index in Los Lunas is 100.
| Living Expense | Los Lunas | New Mexico | National Average | |
|---|---|---|---|---|
| Overall | 96 | 95 | 100 | |
| Services | 101 | 96 | 100 | |
| Groceries | 99 | 96 | 100 | |
| Health | 97 | 95 | 100 | |
| Housing | 99 | 87 | 100 | |
| Transportation | 92 | 93 | 100 | |
| Utilities | 100 | 89 | 100 | |
Los Lunas, 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 Los Lunas is $320,421.
The Median Rent in Los Lunas is $1,157.
The Median Income in Los Lunas is $63,696.
The Home Value To Income in Los Lunas is 5.0x.
The Rent To Monthly Income in Los Lunas is 0.22x.
| Statistic | Los Lunas | New Mexico | United States |
|---|---|---|---|
| Median Home Value | $320,421 | $311,815 | $303,400 |
| Median Rent | $1,157 | $1,021 | $1,348 |
| Median Income | $63,696 | $62,125 | $78,538 |
| Home Value To Income | 5.0x | 5.0x | 3.9x |
| Rent To Monthly Income | 0.22x | 0.2x | 0.21x |
Median Home Value
Median Rent
Median Income
Los Lunas, NM Costs By Category
Detailed Los Lunas Services Costs Vs. New Mexico
| Item | Los Lunas | New Mexico |
|---|---|---|
| Shampoo | $1.15 | $1.28 |
| Movie | $12.54 | $12.13 |
| Bowling | $20.89 | $18 |
| Haircut | $31.9 | $24.26 |
| Beauty Salon | $50.83 | $45.56 |
Detailed Los Lunas Groceries Costs Vs. New Mexico
| Item | Los Lunas | New Mexico |
|---|---|---|
| Ground Beef | $5.11 | $5.84 |
| Fried Chicken | $1.32 | $1.57 |
| Milk | $4.63 | $4.67 |
| Potatoes | $4.18 | $4.93 |
| Pizza | $13.42 | $12.09 |
| Beer | $11.07 | $10.41 |
| Toothpaste | $3.62 | $3.7 |
Detailed Los Lunas Health Costs Vs. New Mexico
| Item | Los Lunas | New Mexico |
|---|---|---|
| Optometrist | $136.89 | $125.68 |
| Doctor | $134.17 | $135.78 |
| Dentist | $111.42 | $113.29 |
Detailed Los Lunas Transportation Costs Vs. New Mexico
| Item | Los Lunas | New Mexico |
|---|---|---|
| Gasoline | $3.5 | $3.46 |
| Tire Balancing | $43.87 | $59.92 |
Detailed Los Lunas Utilities Costs Vs. New Mexico
| Item | Los Lunas | New Mexico |
|---|---|---|
| All Electricity | $191.24 | $193.99 |
| Phone | $190.51 | $192.25 |
Los Lunas SnackAbility
/10
Cost Of Living In Cities Around Los Lunas
The cost of living varies in the cities and towns around Los Lunas. Here's a quick look at the cost of living in the most populous nearby places:
South Valley, NM has a cost of living index of 93, 1.0x Los Lunas.
Belen, NM has a cost of living index of 87, 0.9x Los Lunas.
El Cerro Mission, NM has a cost of living index of 90, 0.9x Los Lunas.
| City | Population | Cost Of Living | Vs. Los Lunas |
|---|---|---|---|
| South Valley, NM | 36,605 | 93 | 1.0x |
| Belen, NM | 7,427 | 87 | 0.9x |
| El Cerro Mission, NM | 5,101 | 90 | 0.9x |
