Overall 0%
Goods & Services 10%
Housing 17%
Date & Last Updated: This data reflects 2019 and was released from C2ER in January, 2020; this is the most current data available.
The cost of living index is based on a national average of 100. For example, if the cost of living is 90, then it is 10% lower than average. If the cost of living is 110, then it is 10% higher than average. The breakdown for each index is as follows: goods & services (33%), groceries (13%), health care (5%), housing (30%), transportation (9%) and utilities (10%). If the cost of living data was unavailable for this city, estimates based upon nearby cities were used.
IndexAlgodonesNew MexicoNational
Cost of living10092100
Goods & Services9092100
Health care10099100

Key findings

  • The cost of living in Algodones is 9% higher than the New Mexico average
  • The cost of living in Algodones is equal to the national average
  • Algodones housing is 17% higher than the national average
  • New Mexico general sales tax is 1% higher than the national average
  • New Mexico state income tax is 31% lower than the national average

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Compare Algodones, NM Cost of Living

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      Salary Calculator

      This is how much you would need to earn in
      Price difference in compared to
      Cost of living index
      Goods & Services index
      Groceries index
      Health care index
      Housing index
      Transportation index
      Utilities index

      Median Income & Debt-To-Income Ratio

      Median IncomePer YearPer MonthMax Budget (28% DTI)Max Budget (36% DTI)

      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

      ItemAlgodonesNational avg.Difference
      Haircut $15.75$17.499.9%
      Beauty Salon $34.70$38.179.1%
      Toothpaste $2.14$2.327.8%
      Shampoo $0.88$1.0113.0%
      Movie $9.50$10.7211.4%
      Bowling $11.20$13.8619.2%


      ItemAlgodonesNational avg.Difference
      Ground Beef $3.93$3.900.8%
      Fried Chicken $1.00$1.4028.4%
      Milk $1.57$1.9620.0%
      Potatoes $2.03$3.1836.2%
      Pizza $9.59$10.397.7%
      Beer $8.27$9.2310.4%

      Health Care

      ItemAlgodonesNational avg.Difference
      Optometrist $131.73$106.3423.9%
      Doctor $138.75$115.2520.4%
      Dentist $79.72$98.3819.0%
      Ibuprofen $8.32$9.2610.2%
      Lipitor $487.19$466.474.4%


      ItemAlgodonesNational avg.Difference
      Home Price $264,600.00$184,700.0043.3%
      Avg. Mortgage Payment $1,081.42$1,273.3215.1%
      Apartment Rent $531.00$949.0044.0%


      ItemAlgodonesNational avg.Difference
      Gasoline $2.32$2.5910.6%
      Tire Balancing $45.20$48.907.6%


      ItemAlgodonesNational avg.Difference
      All Electricity$151.80$167.609.4%
      Phone $183.06$163.4212.0%
      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.
      San Antonito CDP (Socorro County), NM3395-5%
      Golden, NM3395-5%
      Monterey Park, NM1,77171-29%
      Placitas CDP (Doña Ana County), NM72575-25%
      Santo Domingo Pueblo, NM2,73778-22%
      Algodones, NM8291000%

      Cities with similar population

      City, StatePopulationCost of Living IndexNational Avg.
      Norwood Court, MO82983-17%
      Milesburg, PA82995-5%
      Merrill, IA82983-17%
      Grass Valley, NV82988-12%
      Raymond, IA82988-12%
      Algodones, NM8291000%
      Source: The Algodones, NM cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for 2019.