Casa Colorada cost of living index

In the event that the cost of living data was unavailable for this city, estimates based upon nearby cities were used. Each cost of living index is based on a national average of 100. If the amount is below 100, it is lower than the national average. If the amount is above 100, it is higher than the national average.
IndexCasa ColoradaNew MexicoNational
Cost of living index7894100
IndexCasa ColoradaNew MexicoNational
Goods & Services index9695100
Groceries index95105100
Health care index98100100
Housing index4189100
Transportation index97100100
Utilities index8590100

Did you know?

  • The cost of living in Casa Colorada is 17% lower than the New Mexico average.
  • The cost of living in Casa Colorada is 22% lower than the national average.
  • The cost of housing in Casa Colorada is 59% lower than the national average.
  • New Mexico general sales tax is 1% higher than the national average.
  • New Mexico state income tax is 24% lower than the national average.

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Compare Casa Colorada, NM Cost of living To Other Cities

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Groceries index
Health care index
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Median Income & Debt-To-Income Ratio

Median IncomePer YearPer MonthMax Budget (28% DTI)Max Budget (36% DTI)
Owners$36,058$3,005$841$1,082
Renters$0$0$0$0

New Mexico Sales Tax

StateGeneral Sales TaxWith Max Surtax
New Mexico5.125%8.688%

New Mexico Income Tax

StateIncome Tax (Low)Income Tax (High)
New Mexico1.7%4.9%

Goods & Services

ItemCasa ColoradaNational avg.Difference
Haircut $16.70$15.567.3%
Beauty Salon $44.30$36.1122.7%
Toothpaste $2.47$2.470.0%
Shampoo $0.78$0.9619.5%
Movie $10.50$10.133.7%
Bowling $6.43$4.7435.8%

Groceries

ItemCasa ColoradaNational avg.Difference
Ground Beef $4.30$3.988.0%
Fried Chicken $1.43$1.411.4%
Milk $1.69$2.0618.3%
Potatoes $2.53$2.9815.3%
Pizza $8.93$9.475.7%
Beer $6.71$8.7923.7%

Health Care

ItemCasa ColoradaNational avg.Difference
Optometrist $101.20$101.040.2%
Doctor $98.16$107.448.6%
Dentist $96.44$90.426.7%
Ibuprofen $8.32$9.2810.4%
Lipitor $389.18$426.508.7%

Housing

ItemCasa ColoradaNational avg.Difference
Home Price $72,500.00$175,700.0058.7%
Avg. Mortgage Payment $1,096.77$1,133.233.2%
Apartment Rent $0.00$920.00100.0%

Transportation

ItemCasa ColoradaNational avg.Difference
Gasoline $1.83$1.998.3%
Tire Balancing $50.04$45.769.4%

Utilities

ItemCasa ColoradaNational avg.Difference
All Electricity$149.22$163.818.9%
Phone $22.15$28.3922.0%
Although the cost of living data is updated regularly, this cost of living information is to be used as estimates only as prices can change on an ongoing basis.

Nearby cities with low cost of living

City, StatePopulationCost of Living IndexNational Avg.
La Joya, NM094-6%
Abeytas, NM6071-29%
Veguita, NM21976-24%
Madrone, NM71077-23%
Tome, NM1,57882-18%
Casa Colorada, NM14978-22%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Delta, AL14992-8%
South Fork, MO14977-23%
Bristow, IA14976-24%
Marietta, NC14987-13%
Whiting, WY14998-2%
Casa Colorada, NM14978-22%
Source: The Casa Colorada, NM cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2016.