Sandia Knolls 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.
IndexSandia KnollsNew MexicoNational
Cost of living index9594100
IndexSandia KnollsNew MexicoNational
Goods & Services index9695100
Groceries index95105100
Health care index98100100
Housing index9889100
Transportation index97100100
Utilities index8590100

Did you know?

  • The cost of living in Sandia Knolls is 1% higher than the New Mexico average.
  • The cost of living in Sandia Knolls is 5% lower than the national average.
  • The cost of housing in Sandia Knolls is 2% 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 Sandia Knolls, NM Cost of living To Other Cities

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Median Income & Debt-To-Income Ratio

Median IncomePer YearPer MonthMax Budget (28% DTI)Max Budget (36% DTI)
Owners$70,288$5,857$1,640$2,109
Renters$43,026$3,586$1,004$1,291

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

ItemSandia KnollsNational 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

ItemSandia KnollsNational 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

ItemSandia KnollsNational 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

ItemSandia KnollsNational avg.Difference
Home Price $173,900.00$175,700.001.0%
Avg. Mortgage Payment $1,096.77$1,133.233.2%
Apartment Rent $880.00$920.004.3%

Transportation

ItemSandia KnollsNational avg.Difference
Gasoline $1.83$1.998.3%
Tire Balancing $50.04$45.769.4%

Utilities

ItemSandia KnollsNational 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.
Placitas, NM64673-27%
Santa Ana Pueblo, NM68483-17%
Moriarty, NM2,07584-16%
Manzano Springs, NM19087-13%
Bernalillo, NM8,40088-12%
Sandia Knolls, NM1,52695-5%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Basin City, WA1,52685-15%
Albion, PA1,52688-12%
Tunica Resorts, MS1,5261022%
Lake Sherwood, CA1,526263163%
Crooked Lake Park, FL1,52684-16%
Sandia Knolls, NM1,52695-5%
Source: The Sandia Knolls, NM cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2016.