These Are The 10 Cheapest Places To Live In New Mexico For 2018


We used data and science to determine which places in New Mexico go easy on your wallet.

Join HomeSnacks

Swipe left for slideshow. Article continues below.
Advertisement. Article Continues Below.

A wise sage once said:

‘She works hard for the money…’

And these places in New Mexico definitely treat her right.

You see, these are the places in New Mexico where the cost of living is the lowest; where your salary goes the furthest. And when if you have the luxury of choosing where to live in the Land of Enchantment, then the cost of living should play a role in the decision.

So we did the hard for you and crunched the numbers to find the cities that have lower food, energy, and housing costs. After the dust settled on our analysis of the 30 largest places in New Mexico, we were left with this set of the best value for your money.

Here are the 10 cheapest places to live in New Mexico for 2018:

  1. Raton (Photos)
  2. Las Vegas (Photos)
  3. Tucumcari (Photos)
  4. Roswell (Photos)
  5. Portales (Photos)
  6. Taos (Photos)
  7. Santa Fe (Photos)
  8. Clovis (Photos)
  9. Anthony
  10. Sunland Park (Photos)

So listen up Rio Rancho (the most expensive place in New Mexico) as we explain how we created this ranking. You could learn some things from the rest of the state.

And if you already knew these places were cheap, check out the best places to live in New Mexico or the most expensive.

Advertisement. Article Continues Below.

How We Determined The Cheapest Places To Live In The Land of Enchantment For 2018

There are basic necessities that you have to buy no matter where in the country you live. Those things include:

  • Housing
  • Food
  • Gas
  • Health Insurance
  • Utilities
  • Transportation

You can then compare the cost of these things in each of the places in New Mexico to figure out which is the least expensive.

What you are left with is a ‘Cost of Living Index’ that normalizes to 100 for an average place in the United States.

So we used that cost of living index in order to rank all of the 30 places in New Mexico that have more than 5,000 people.

And just so you can better understand how the cost of living index works, 100 is the average cost of a place in the United States. A score of 90 means that the place cost 10% less than average. A score of 90 means it’s 10% less expensive.

San Francisco has a score of 243 meaning it’s almost 2.5 times as expensive as the average place in the country.

Advertisement. Article Continues Below.

1. Raton

Raton, New Mexico

Source: Wikipedia

Population: 6,825
Services: 84
Groceries: 97
Health Care: 92
Housing: 54
Transportation: 88
Utilities: 83
Raton (ra-TONE) is a city and the county seat of Colfax County in northeastern New Mexico. The city is located just south of Raton Pass.

2. Las Vegas

Las Vegas, New Mexico

Source: Wikipedia

Population: 13,701
Services: 84
Groceries: 97
Health Care: 92
Housing: 60
Transportation: 88
Utilities: 83
Las Vegas is a city in and the county seat of San Miguel County, New Mexico, United States. Once two separate municipalities (one a city and the other a town) both named Las Vegas, west Las Vegas (‘Old Town’) and east Las Vegas (‘New Town’), separated by the Gallinas River, retain distinct characters and separate, rival school districts. The population was 14,565 at the 2000 census. Las Vegas, NM is located 110 miles (180 km) south of Raton, New Mexico, 65 miles (105 km) east of Santa Fe, New Mexico, 122 miles (196 km) northeast of Albuquerque, New Mexico, 257 miles (414 km) south of Colorado Springs, Colorado, and 326 miles (525 km) south of Denver, Colorado.

3. Tucumcari

Tucumcari, New Mexico

Source: Wikipedia

Population: 5,313
Services: 92
Groceries: 98
Health Care: 100
Housing: 37
Transportation: 89
Utilities: 85
Tucumcari (pronounced like ‘TWO-come-carry’) is a city in and the county seat of Quay County, New Mexico, United States. The population was 5,363 at the 2010 census. Tucumcari was founded in 1901, two years before Quay County was founded.

4. Roswell

Roswell, New Mexico

Source: Wikipedia

Population: 48,167
Services: 94
Groceries: 91
Health Care: 101
Housing: 56
Transportation: 88
Utilities: 81
Roswell is a city in New Mexico. It is the county seat of Chaves County in the southeastern quarter of the state of New Mexico, United States. As of the 2010 census it had a population of 48,411, making it the fifth-largest city in New Mexico. It is a center for irrigated farming, dairying, ranching, manufacturing, distribution, and petroleum production. It is also the home of New Mexico Military Institute (NMMI), founded in 1891. Bitter Lake National Wildlife Refuge is located a few miles northeast of the city on the Pecos River. Bottomless Lakes State Park is located 12 miles (19 km) east of Roswell on US 380.

5. Portales

Portales, New Mexico

Source: Wikipedia

Population: 12,327
Services: 94
Groceries: 91
Health Care: 101
Housing: 60
Transportation: 88
Utilities: 81
Portales is a city in and the county seat of Roosevelt County, New Mexico, United States. The population was 12,280 at the 2010 census. Portales is located near the larger city of Clovis as well as Cannon Air Force Base, a major contributor to the economy of the region.

6. Taos

Taos, New Mexico

Source: Wikipedia

Population: 5,661
Services: 84
Groceries: 97
Health Care: 92
Housing: 102
Transportation: 88
Utilities: 83
Taos /tas/ is a town in Taos County in the north-central region of New Mexico in the Sangre de Cristo Mountains, incorporated in 1934. As of the 2010 census, its population was 5,716. Other nearby communities include Ranchos de Taos, Cañon, Taos Canyon, Ranchitos, El Prado, and Arroyo Seco. The town is close to Taos Pueblo, the Native American village and tribe from which it takes its name.

7. Santa Fe

Santa Fe, New Mexico

Source: Wikipedia

Population: 68,298
Services: 84
Groceries: 97
Health Care: 92
Housing: 145
Transportation: 88
Utilities: 83
Santa Fe (/sæntfe/ or /sæntfe/; Tewa: Ogha Po’oge, Navajo: Yootó) is the capital of the state of New Mexico. It is the fourth-largest city in the state and the seat of Santa Fe County.

8. Clovis

Clovis, New Mexico

Source: Wikipedia

Population: 37,538
Services: 94
Groceries: 91
Health Care: 101
Housing: 66
Transportation: 88
Utilities: 81
Clovis is the county seat of Curry County, New Mexico, United States, with a population of 37,775 as of the 2010 census, and a 2014 estimated population of 39,860. Clovis is located in the New Mexico portion of the Llano Estacado, in the eastern part of the state.

9. Anthony

Anthony, New Mexico

Source: Wikipedia

Population: 8,591
Services: 93
Groceries: 103
Health Care: 89
Housing: 48
Transportation: 98
Utilities: 88

10. Sunland Park

Sunland Park, New Mexico

Source: Wikipedia

Population: 14,267
Services: 93
Groceries: 103
Health Care: 89
Housing: 52
Transportation: 98
Utilities: 88
Sunland Park is a city in southern Doña Ana County, New Mexico, United States, on the borders of Texas and the Mexican state of Chihuahua, with Ciudad Juárez adjoining it on the south and El Paso, Texas on the east. The community of Santa Teresa adjoins it on the northwest. The population of Sunland Park was 14,106 at the 2010 census and was estimated at 15,400 by the United States Census Bureau in 2014. Though it lies adjacent to El Paso, being in Doña Ana County makes it a part of the Las Cruces metropolitan statistical area. Las Cruces is 42 miles (68 km) to the north.

There You Have It Mr. Or Mrs. Cheapskate

If you’re looking at the cost of living numbers in New Mexico, this is an accurate list of the cheapest places to call home.

Detailed List Of The Cheapest Places In New Mexico

City Rank Population Services Groceries Health Care
Raton 1 6,825 84 97 92
Las Vegas 2 13,701 84 97 92
Tucumcari 3 5,313 92 98 100
Roswell 4 48,167 94 91 101
Portales 5 12,327 94 91 101
Taos 6 5,661 84 97 92
Santa Fe 7 68,298 84 97 92
Clovis 8 37,538 94 91 101
Anthony 9 8,591 93 103 89
Sunland Park 10 14,267 93 103 89
Deming 11 14,864 93 103 89
Socorro 12 9,020 93 103 89
Alamogordo 13 30,544 93 103 89
Belen 14 7,267 93 103 89
Lovington 15 10,993 100 90 103
Silver City 16 10,331 93 103 89
Gallup 17 21,701 92 93 95
Las Cruces 18 97,393 93 103 89
Los Lunas 19 14,731 93 103 89
Ruidoso 20 8,055 93 103 89
Carlsbad 21 26,158 100 90 103
Albuquerque 22 545,083 93 103 89
Hobbs 23 34,111 100 90 103
Artesia 24 11,268 100 90 103
Grants 25 9,217 109 101 101
Bernalillo 26 8,302 109 101 101
Bloomfield 27 7,996 109 101 101
Aztec 28 6,736 109 101 101
Farmington 29 45,458 109 101 101
Rio Rancho 30 87,068 109 101 101

Like HomeSnacks on Facebook:

Facebook Discussion