La Plata 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.
IndexLa PlataNew MexicoNational
Cost of living index109n/a100
IndexLa PlataNew MexicoNational
Goods & Services index109n/a100
Groceries index101n/a100
Health care index101n/a100
Housing index120n/a100
Transportation index98n/a100
Utilities index96n/a100

Did you know?

  • The cost of living in La Plata is equal to the New Mexico average.
  • The cost of living in La Plata is 9% higher than the national average.
  • The cost of housing in La Plata is 20% higher 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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Median Income & Debt-To-Income Ratio

Median IncomePer YearPer MonthMax Budget (28% DTI)Max Budget (36% DTI)
Owners$93,281$7,773$2,176$2,799
Renters$2,499$208$58$75

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

ItemLa PlataNational avg.Difference
Haircut $18.00$14.5923.3%
Beauty Salon $29.00$34.6816.4%
Toothpaste $2.28$2.477.8%
Shampoo $0.94$1.028.0%
Movie $9.50$9.873.7%
Bowling $3.65$4.3916.9%

Groceries

ItemLa PlataNational avg.Difference
Ground Beef $3.99$4.4810.9%
Fried Chicken $1.29$1.4611.9%
Milk $2.09$2.3611.3%
Potatoes $2.24$3.0626.8%
Pizza $10.79$9.2416.7%
Beer $9.39$8.638.8%

Health Care

ItemLa PlataNational avg.Difference
Optometrist $85.00$99.7814.8%
Doctor $127.50$105.0321.4%
Dentist $80.50$88.709.2%
Ibuprofen $8.98$9.414.6%
Lipitor $294.93$298.501.2%

Housing

ItemLa PlataNational avg.Difference
Home Price $211,300.00$175,700.0020.3%
Avg. Mortgage Payment $1,479.75$1,081.0336.9%
Apartment Rent $0.00$920.00100.0%

Transportation

ItemLa PlataNational avg.Difference
Gasoline $2.10$2.090.4%
Tire Balancing $41.98$45.297.3%

Utilities

ItemLa PlataNational avg.Difference
All Electricity$160.81$170.805.9%
Phone $27.99$28.260.9%
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.
Nenahnezad, NM70082-18%
North Light Plant, NM47484-16%
Upper Fruitland, NM1,62390-10%
Lee Acres, NM6,16487-13%
Bloomfield, NM7,87795-5%
La Plata, NM9561099%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Chalfant, PA95687-13%
Plandome Heights, NY956231131%
Newhall, IA95688-12%
Winthrop, IA95685-15%
Crawford, NE95678-22%
La Plata, NM9561099%
Source: The La Plata, NM cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2015.