Clayton 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.
IndexClaytonNew MexicoNational
Cost of living index7894100
IndexClaytonNew MexicoNational
Goods & Services index9095100
Groceries index95105100
Health care index96100100
Housing index5089100
Transportation index89100100
Utilities index8490100

Did you know?

  • The cost of living in Clayton is 17% lower than the New Mexico average.
  • The cost of living in Clayton is 22% lower than the national average.
  • The cost of housing in Clayton is 50% 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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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$38,882$3,240$907$1,167
Renters$22,550$1,879$526$677

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

ItemClaytonNational avg.Difference
Haircut $16.13$15.563.7%
Beauty Salon $28.46$36.1121.2%
Toothpaste $1.84$2.4725.7%
Shampoo $0.83$0.9614.0%
Movie $9.26$10.138.5%
Bowling $4.27$4.749.8%

Groceries

ItemClaytonNational avg.Difference
Ground Beef $3.55$3.9810.9%
Fried Chicken $1.26$1.4110.5%
Milk $1.95$2.065.5%
Potatoes $2.83$2.985.0%
Pizza $9.31$9.471.7%
Beer $8.87$8.790.9%

Health Care

ItemClaytonNational avg.Difference
Optometrist $73.43$101.0427.3%
Doctor $112.92$107.445.1%
Dentist $86.32$90.424.5%
Ibuprofen $8.58$9.287.5%
Lipitor $394.18$426.507.6%

Housing

ItemClaytonNational avg.Difference
Home Price $75,500.00$175,700.0057.0%
Avg. Mortgage Payment $775.11$1,133.2331.6%
Apartment Rent $623.00$920.0032.3%

Transportation

ItemClaytonNational avg.Difference
Gasoline $1.72$1.9913.6%
Tire Balancing $42.69$45.766.7%

Utilities

ItemClaytonNational avg.Difference
All Electricity$134.27$163.8118.0%
Phone $25.00$28.3911.9%
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.
Texline, TX48573-27%
Clayton, NM2,38778-22%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Grand Forks AFB, ND2,3871011%
Point Clear, AL2,38811111%
Kure Beach, NC2,38812626%
Nisswa, MN2,38611111%
Hunter, OH2,38699-1%
Clayton, NM2,38778-22%
Source: The Clayton, NM cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2016.