Los Lunas, NM Cost Of Living

Demographics | Crime | Cost Of Living
Updated: 2023-11-15

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 91, with 100 being the average.

  • The cost of living index in Los Lunas is 0.9x lower than the national average.

  • Los Lunas ranks as the #28 cheapest in New Mexico out of 44.

  • Los Lunas ranks as the #1,804 cheapest out of 6,412 in the US.

  • The median home value in Los Lunas is $173,500.

  • The median income in Los Lunas is $65,617.

Table Of Contents

  1. Summary
  2. National Comparison
  3. Housing Breakdown
  4. Detailed Pricing
  5. Nearby Comparisons
91
Los Lunas's Overall Cost Of Living
0.9x
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 91, which is 0.9x lower than the national index of 100.

Compared to New Mexico, Los Lunas has a cost of living index that's 1.0x lower than New Mexico's index of 94.

The standard of living in Los Lunas ranks as #28 most affordable out of the 44 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:

28 out of 44
In New Mexico
1,804 out of 6,412
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 95.

  • The Groceries index in Los Lunas is 98.

  • The Health index in Los Lunas is 97.

  • The Housing index in Los Lunas is 88.

  • The Transportation index in Los Lunas is 88.

  • The Utilities index in Los Lunas is 95.

Living Expense Los Lunas New Mexico National Average
Overall 91 94 100
Services 95 97 100
Groceries 98 96 100
Health 97 100 100
Housing 88 88 100
Transportation 88 96 100
Utilities 95 91 100
For more reading on cost of living around New Mexico, check out:
Los Lunas Cost of Living Vs. NM

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 2017-2021. The key points are:

  • The Median Home Value in Los Lunas is $173,500.

  • The Median Rent in Los Lunas is $1,090.

  • The Median Income in Los Lunas is $65,617.

  • The Home Value To Income in Los Lunas is 2.6x.

  • The Rent To Monthly Income in Los Lunas is 0.2x.

Statistic Los Lunas New Mexico United States
Median Home Value $173,500 $184,800 $244,900
Median Rent $1,090 $897 $1,163
Median Income $65,617 $54,020 $69,021
Home Value To Income 2.6x 3.4x 3.5x
Rent To Monthly Income 0.2x 0.2x 0.2x
Search Homes For Sale In Los Lunas, NM
$173,500
Median Home Value
$1,090
Median Rent
$65,617
Median Income

Los Lunas, NM Costs By Category

Detailed Los Lunas Services Costs Vs. New Mexico

Item Los Lunas New Mexico
Shampoo $1.0 $1.06
Movie $11.05 $10.68
Bowling $14.51 $14.67
Haircut $19.67 $18.62
Beauty Salon $39.81 $39.05

Detailed Los Lunas Groceries Costs Vs. New Mexico

Item Los Lunas New Mexico
Ground Beef $4.57 $4.22
Fried Chicken $1.16 $1.39
Milk $2.1 $2.05
Potatoes $3.62 $3.29
Pizza $9.99 $10.62
Beer $7.96 $9.38
Toothpaste $2.83 $2.34

Detailed Los Lunas Health Costs Vs. New Mexico

Item Los Lunas New Mexico
Optometrist $108.12 $108.57
Doctor $106.93 $116.17
Dentist $98.97 $99.13

Detailed Los Lunas Transportation Costs Vs. New Mexico

Item Los Lunas New Mexico
Gasoline $1.85 $2.22
Tire Balancing $49.48 $50.07

Detailed Los Lunas Utilities Costs Vs. New Mexico

Item Los Lunas New Mexico
All Electricity $155.29 $167.67
Phone $183.94 $175.64

Los Lunas SnackAbility

6
/10
Overall SnackAbility
Jobs
7/10
Housing
8
Affordability
7
Diversity
8.5
Safety
N/A
Amenities
8
Education
6
Commute
7

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 88, 1.0x Los Lunas.

  • Belen, NM has a cost of living index of 86, 0.9x Los Lunas.

City Population Cost Of Living Vs. Los Lunas
South Valley, NM 36,583 88 1.0x
Belen, NM 7,374 86 0.9x

Articles About New Mexico

Enjoy The Snack?