What is the cost of living in Shiprock, NM?
According to the most recent data on the cost of living, Shiprock has an overall cost of living index of 83, which is 0.8x lower than the national index of 100.
Compared to New Mexico, Shiprock has a cost of living index that's 0.9x lower than New Mexico's index of 93.
The standard of living in Shiprock ranks as #3 most affordable out of the 45 places we measured in New Mexico. By definition, that implies Shiprock ranks as the #42 most expensive place in the Land of Enchantment.
For more reading on life in Shiprock, check out:
Shiprock Cost Of Living Vs. New Mexico
Six factors go into calculating the cost of living index in Shiprock. Here is how it fares on each of the criteria:
The Services index in Shiprock is 100.
The Groceries index in Shiprock is 98.
The Health index in Shiprock is 47.
The Housing index in Shiprock is 99.
The Transportation index in Shiprock is 94.
The Utilities index in Shiprock is 97.
| Living Expense | Shiprock | New Mexico | National Average |
|---|---|---|---|
| Overall | 83 | 93 | 100 |
| Services | 100 | 98 | 100 |
| Groceries | 98 | 96 | 100 |
| Health | 47 | 86 | 100 |
| Housing | 99 | 99 | 100 |
| Transportation | 94 | 95 | 100 |
| Utilities | 97 | 94 | 100 |
Shiprock Cost Of Living Compared To New Mexico Averages
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 Shiprock Get matched →Source: Cost-of-living index 2026, normalized to US average = 100
Shiprock, 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 2020-2024. The key points are:
The Median Home Value in Shiprock is $133,287.
The Median Rent in Shiprock is $694.
The Median Income in Shiprock is $35,900.
The Home Value To Income in Shiprock is 3.7x.
The Rent To Monthly Income in Shiprock is 0.23x.
| Statistic | Shiprock | New Mexico | United States |
|---|---|---|---|
| Median Home Value | $133,287 | $316,750 | $332,700 |
| Median Rent | $694 | $1,067 | $1,413 |
| Median Income | $35,900 | $64,059 | $80,734 |
| Home Value To Income | 3.7x | 4.9x | 4.1x |
| Rent To Monthly Income | 0.23x | 0.2x | 0.21x |
Shiprock, NM Costs By Category
Detailed Shiprock Services costs vs. New Mexico
| Item | Shiprock | New Mexico |
|---|---|---|
| Shampoo | $1.11 | $1.28 |
| Movie | $10.84 | $12.13 |
| Bowling | $13.55 | $18 |
| Haircut | $27.07 | $24.26 |
| Beauty Salon | $38.5 | $45.56 |
Detailed Shiprock Groceries costs vs. New Mexico
| Item | Shiprock | New Mexico |
|---|---|---|
| Ground Beef | $5.27 | $5.84 |
| Fried Chicken | $1.39 | $1.57 |
| Milk | $4.6 | $4.67 |
| Potatoes | $4.16 | $4.93 |
| Pizza | $12.49 | $12.09 |
| Beer | $10.74 | $10.41 |
| Toothpaste | $3.65 | $3.7 |
Detailed Shiprock Health costs vs. New Mexico
| Item | Shiprock | New Mexico |
|---|---|---|
| Optometrist | $108.15 | $125.68 |
| Doctor | $121.76 | $135.78 |
| Dentist | $124.32 | $113.29 |
Detailed Shiprock Transportation costs vs. New Mexico
| Item | Shiprock | New Mexico |
|---|---|---|
| Gasoline | $3.55 | $3.46 |
| Tire Balancing | $56.9 | $59.92 |
Detailed Shiprock Utilities costs vs. New Mexico
| Item | Shiprock | New Mexico |
|---|---|---|
| All Electricity | $173.81 | $193.99 |
| Phone | $193.95 | $192.25 |
Shiprock SnackAbility
Cost Of Living In Cities Around Shiprock
The cost of living varies in the cities and towns around Shiprock. Here's a quick look at the cost of living in the most populous nearby places:
Farmington, NM has a cost of living index of 99, 1.2x Shiprock.
Cortez, CO has a cost of living index of 95, 1.1x Shiprock.
Bloomfield, NM has a cost of living index of 91, 1.1x Shiprock.
| City | Population | Cost Of Living | Vs. Shiprock |
|---|---|---|---|
| Farmington, NM | 46,314 | 99 | 1.2x |
| Cortez, CO | 8,976 | 95 | 1.1x |
| Bloomfield, NM | 7,395 | 91 | 1.1x |
| Aztec, NM | 6,150 | 95 | 1.1x |
