CostByCity

Cost of Living in Las Cruces, NM

2024 data from the Bureau of Economic Analysis

Cost Index
90.2
9.8% below avg
Housing Index
63.0
Median Income
$51,232
Median Rent
$858/mo

Cost Breakdown

Overall90.2 (-9.8%)
Housing63.0 (-37.0%)
Goods96.1 (-3.9%)
Utilities77.9 (-22.1%)
Other Services98.5 (-1.5%)

National average = 100

Income & Housing

Median Household Income
$51,232/year
Median Home Value
$187,400
Median Monthly Rent
$858/mo
Per Capita Income
$26,900/year

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Frequently Asked Questions

Is Las Cruces, NM expensive to live in?
Las Cruces, NM has a cost of living index of 90.2, which is 9.8% below the national average.
How much does housing cost in Las Cruces, NM?
Housing costs in Las Cruces, NM are indexed at 63.0 compared to the national average of 100. The median monthly rent is $858.
What is the average income in Las Cruces, NM?
The median household income in Las Cruces, NM is $51,232 per year.
What is the average home price in Las Cruces, NM?
The median home value in Las Cruces, NM is $187,400.