According to the most recent data on the cost of living, Shiprock has an overall cost of living index of 76 which is 0.8x lower than the national index of 100.
Compared to only New Mexico, Shiprock has a cost of living index that's 0.8x lower than New Mexico's index of 92.
The standard of living in Shiprock ranks as #54 most affordable out of the 6,418 places we measured in New Mexico. By definition, that implies Shiprock ranks as the #6,365 most expensive place in the Land of Enchantment.
Living Expense | Shiprock | New Mexico | National Average | |
---|---|---|---|---|
Overall | 76 | 92 | 100 | |
Services | 87 | 92 | 100 | |
Groceries | 95 | 94 | 100 | |
Health | 96 | 98 | 100 | |
Housing | 45 | 87 | 100 | |
Transportation | 85 | 88 | 100 | |
Utilities | 94 | 91 | 100 |
Housing swings affordability the most between places in New Mexico, so we broke down the statistics around housing costs into more detail. It's also important to consider median household incomes to make apples-to-apples comparisons across locations.
Home and income come data comes from the most recent US Census ACS 2014-2018.
Statistic | Shiprock | New Mexico | United States |
---|---|---|---|
Median Home Value | $78,700 | $175,700 | $229,800 |
Median Rent | $573 | $857 | $1,096 |
Median Income | $36,747 | $51,243 | $64,994 |
Home Value To Income | 2.1x | 3.4x | 3.5x |
Rent To Monthly Income | 0.19x | 0.2x | 0.2x |
Item | Shiprock | New Mexico |
---|---|---|
Shampoo | $0.92 | $1.06 |
Movie | $9.5 | $10.68 |
Bowling | $11.2 | $14.67 |
Item | Shiprock | New Mexico |
---|---|---|
Ground Beef | $4.9 | $4.22 |
Fried Chicken | $1.11 | $1.39 |
Milk | $1.96 | $2.05 |
Item | Shiprock | New Mexico |
---|---|---|
Haircut | $18.38 | $18.62 |
Beauty Salon | $35.53 | $39.05 |
Toothpaste | $2.79 | $2.34 |
Item | Shiprock | New Mexico |
---|---|---|
Potatoes | $3.05 | $3.29 |
Pizza | $9.67 | $10.62 |
Beer | $8.22 | $9.38 |
Optometrist | $118.86 | $108.57 |
Doctor | $127.67 | $116.17 |
Dentist | $86.56 | $99.13 |
Item | Shiprock | New Mexico |
---|---|---|
Gasoline | $1.97 | $2.22 |
Tire Balancing | $40.79 | $50.07 |
All Electricity | $150.01 | $167.67 |
Phone | $183.97 | $175.64 |
City | Population | Cost Of Living | Vs. Shiprock |
---|---|---|---|
Farmington, NM | 44,967 | 92 | 1.2x |
Cortez, CO | 8,729 | 93 | 1.2x |
Bloomfield, NM | 7,791 | 86 | 1.1x |
Aztec, NM | 6,467 | 86 | 1.1x |
Lee Acres, NM | 5,318 | 88 | 1.2x |