Taos, NM Cost Of Living

Demographics | Crime | Cost Of Living
Updated: 2022-04-07
100
Taos's Overall Cost Of Living
1.0x
Lower Than The National Average
38 out of 44
In New Mexico
3,149 out of 6,412
In America
The cost of living index is set to 100 for the average place in America. An index above 100 means Taos is expensive, while a number below 100 means it's a relatively cheap place to live.

What is the cost of living in Taos, NM?

According to the most recent data on the cost of living, Taos has an overall cost of living index of 100 which is 1.0x lower than the national index of 100.

Compared to only New Mexico, Taos has a cost of living index that's 1.1x higher than New Mexico's index of 92.

The standard of living in Taos ranks as #3,149 most affordable out of the 6,418 places we measured in New Mexico. By definition, that implies Taos ranks as the #3,269 most expensive place in the Land of Enchantment.

For more reading on life in Taos, check out:

Taos Cost Of Living Vs. New Mexico

Living Expense Taos New Mexico National Average
Overall 100 92 100
Services 87 92 100
Groceries 99 94 100
Health 99 98 100
Housing 123 87 100
Transportation 88 88 100
Utilities 93 91 100
For more reading on cost of living around New Mexico, check out:
Taos Cost of Living Vs. NM

Taos, NM Housing Cost Breakdown

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.

$284,100
Median Home Value
$775
Median Rent
$30,709
Median Income
Statistic Taos New Mexico United States
Median Home Value $284,100 $175,700 $229,800
Median Rent $775 $857 $1,096
Median Income $30,709 $51,243 $64,994
Home Value To Income 9.3x 3.4x 3.5x
Rent To Monthly Income 0.3x 0.2x 0.2x

Detailed Taos Services Costs Vs. New Mexico

Item Taos New Mexico
Shampoo $0.92 $1.06
Movie $9.5 $10.68
Bowling $11.2 $14.67

Detailed Taos Groceries Costs Vs. New Mexico

Item Taos New Mexico
Ground Beef $4.9 $4.22
Fried Chicken $1.11 $1.39
Milk $1.96 $2.05

Detailed Taos Health Costs Vs. New Mexico

Item Taos New Mexico
Haircut $18.38 $18.62
Beauty Salon $35.53 $39.05
Toothpaste $2.79 $2.34

Detailed Taos Transportation Costs Vs. New Mexico

Item Taos 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

Detailed Taos Utilities Costs Vs. New Mexico

Item Taos New Mexico
Gasoline $1.97 $2.22
Tire Balancing $40.79 $50.07
All Electricity $150.01 $167.67
Phone $183.97 $175.64

Taos SnackAbility

4
/10
Overall SnackAbility
Jobs
4/10
Housing
8
Affordability
3
Diversity
9
Safety
3
Amenities
8
Education
8
Commute
9

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