Raton, NM Cost Of Living

The latest cost of living statistics for Raton. Includes statistics on rent, mortgages, healthcare, and other costs for Raton compared to the state and national averages.

Cost of living in Raton, New Mexico

Cost of living in Raton 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 Raton 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:

93 Cost of living index 0.9x lower vs US
#24 Cheapest in New Mexico (of 45)
#1,516 Cheapest in the U.S. (of 6,489)
$152,896 Median home value
$741 Median rent
$52,641 Median income
Not sure Raton fits your budget? Try our place-match quiz →

What is the cost of living in Raton, NM?

According to the most recent data on the cost of living, Raton has an overall cost of living index of 93, which is 0.9x lower than the national index of 100.

Compared to New Mexico, Raton has a cost of living index that's 1.0x lower than New Mexico's index of 93.

The standard of living in Raton ranks as #24 most affordable out of the 45 places we measured in New Mexico. By definition, that implies Raton ranks as the #21 most expensive place in the Land of Enchantment.

For more reading on life in Raton, check out:

Raton Cost Of Living Vs. New Mexico

Six factors go into calculating the cost of living index in Raton. Here is how it fares on each of the criteria:

  • The Services index in Raton is 105.

  • The Groceries index in Raton is 107.

  • The Health index in Raton is 58.

  • The Housing index in Raton is 104.

  • The Transportation index in Raton is 107.

  • The Utilities index in Raton is 112.

Living Expense Raton New Mexico National Average
Overall 93 93 100
Services 105 98 100
Groceries 107 96 100
Health 58 86 100
Housing 104 99 100
Transportation 107 95 100
Utilities 112 94 100

Raton Cost Of Living Compared To New Mexico Averages

Services
Raton 105
New Mexico avg 98
Groceries
Raton 107
New Mexico avg 96
Health
Raton 58
New Mexico avg 86
Housing
Raton 104
New Mexico avg 99
Transportation
Raton 107
New Mexico avg 95
Utilities
Raton 112
New Mexico avg 94

Index where 100 = national average. Source: cost-of-living index 2026.

For more reading on cost of living around New Mexico, check out:

Protect your home budget Compare home warranties in Raton Get matched →

Source: Cost-of-living index 2026, normalized to US average = 100

Raton, NM Housing Cost Breakdown

$152,896Median Home Value
$741Median Rent
$52,641Median Income

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 2020-2024. The key points are:

  • The Median Home Value in Raton is $152,896.

  • The Median Rent in Raton is $741.

  • The Median Income in Raton is $52,641.

  • The Home Value To Income in Raton is 2.9x.

  • The Rent To Monthly Income in Raton is 0.17x.

Statistic Raton New Mexico United States
Median Home Value $152,896 $316,750 $332,700
Median Rent $741 $1,067 $1,413
Median Income $52,641 $64,059 $80,734
Home Value To Income 2.9x 4.9x 4.1x
Rent To Monthly Income 0.17x 0.2x 0.21x

Raton, NM Costs By Category

Detailed Raton Services costs vs. New Mexico
Item Raton New Mexico
Shampoo $1.22 $1.28
Movie $18.99 $12.13
Bowling $29.17 $18
Haircut $23.33 $24.26
Beauty Salon $45.83 $45.56
Detailed Raton Groceries costs vs. New Mexico
Item Raton New Mexico
Ground Beef $5.63 $5.84
Fried Chicken $1.38 $1.57
Milk $4.69 $4.67
Potatoes $3.88 $4.93
Pizza $12.82 $12.09
Beer $10.59 $10.41
Toothpaste $3.47 $3.7
Detailed Raton Health costs vs. New Mexico
Item Raton New Mexico
Optometrist $82.33 $125.68
Doctor $99.0 $135.78
Dentist $103.33 $113.29
Detailed Raton Transportation costs vs. New Mexico
Item Raton New Mexico
Gasoline $3.71 $3.46
Tire Balancing $67.11 $59.92
Detailed Raton Utilities costs vs. New Mexico
Item Raton New Mexico
All Electricity $155.08 $193.99
Phone $194.35 $192.25

Raton SnackAbility

5Overall SnackAbility
Jobs 7/10
Housing 4/10
Affordability 6/10
Diversity 8.5/10
SafetyN/A
Amenities 7/10
Education 5/10
Commute 10/10

Cost Of Living In Cities Around Raton

The cost of living varies in the cities and towns around Raton. Here's a quick look at the cost of living in the most populous nearby places:

  • Trinidad, CO has a cost of living index of 96, 1.0x Raton.

City Population Cost Of Living Vs. Raton
Trinidad, CO 8,286 96 1.0x