| Index | Artesia | New Mexico | National |
| Cost of living | 97 | 94 | 100 |
| Groceries | 98 | 98 | 100 |
| Health care | 97 | 98 | 100 |
| Housing | 96 | 85 | 100 |
| Transportation | 97 | 98 | 100 |
| Utilities | 100 | 97 | 100 |
| Lifestyle & Entertainment | 96 | 96 | 100 |
| Household Items | 98 | 98 | 100 |
| Education & Childcare | 100 | 96 | 100 |
The cost of living in Artesia affects the quality of life one can afford in this new location. It allows people to assess whether they can maintain their preferred lifestyle, including housing, leisure activities and dining options. Your total monthly expenditures can varry depending on the area, as well as many other factors. The cost of living in Artesia is 97, which is 3% lower than the national average. Knowledge of the cost of living can help individuals make informed decisions about retirement savings, investments, and financial goals.
The cost of living in Artesia is about average when compared to all other cities across the nation. You can expect that everyday items like food, household expenses and utility bills will be no more expensive than any other average city. Residents can anticipate living expenses that remain in line with the national average, ensuring a manageable financial burden, making it an attractive choice for those seeking affordability without the constraints of higher everyday expenditures.
Is Artesia an affordable place to live? That's a valid question to ask when you're thinking about moving to a new city. After all, how much it costs to live somewhere can be a huge factor in your decision. Affordability can be broken down into 3 common categories. The cost of living index (we talked about it earlier), housing expenses and income levels all play a big role in figuring out if a place is affordable. For instance, in Artesia, the median home price is 0.7% higher than what most folks pay across the country, and monthly rent prices are 13.4% lower than the usual rates. Income levels in Artesia come in at $82,617, which is 1.6% higher than the national average.
Healthcare: The costs associated with healthcare and insurance premiums can exhibit notable disparities based on the city or state of residence. Access to healthcare facilities, out-of-pocket expenses for medical appointments, dental care charges, prescription medication costs and specialized medical care expenses all contribute to variations in the cost of living. In Artesia, healthcare costs are 2.8% lower than the national average.
Transportation: When public transportation options are limited or non-existent, residents frequently resort to vehicle ownership, which can significantly contribute to the overall cost of living. Monthly financial obligations encompass fuel, insurance, regular maintenance and potentially lease or financing expenses. In Artesia, the transportation index is 3% lower than the national average.
Taxes: Cities that enforce higher taxes, covering both sales taxes and income taxes, can be a factor contributing to a higher cost of living. Paying more in taxes for everyday essentials like clothing and food inevitably leads to higher expenses. A higher income tax rate can further contribute to an overall elevated cost of living. In Artesia, the baseline sales tax rate begins at 5%, and income tax rates start at 1.7%.
The cost of living estimates displayed for Artesia are modeled using a U.S. average baseline of 100, helping provide a useful comparison of local living expenses. Housing calculations include U.S. Census home price and rental data, while all other values are AI-assisted estimates based on regional cost patterns, climate, transportation, and everyday spending expectations. These values are intended for directional comparisons across cities.
| Cost of living index | |
| Groceries index | |
| Health care index | |
| Housing index | |
| Transportation index | |
| Utilities index | |
| Lifestyle index | |
| Household index | |
| Educare index |
| Median Income | Per Year | Per Month | Max Budget (28% DTI) | Max Budget (36% DTI) |
| Owners | $133,189 | $11,099 | $3,108 | $3,996 |
| Renters | $60,509 | $5,042 | $1,412 | $1,815 |
| State | General Sales Tax | With Max Surtax |
| New Mexico | 5% | 8.688% |
| State | Income Tax (Low) | Income Tax (High) |
| New Mexico | 1.7% | 5.9% |
| City | Population | Cost of Living Index | National Avg. |
| Morningside, NM | 658 | 70 | 29.8% |
| Lake Arthur, NM | 418 | 84 | 15.8% |
| Atoka, NM | 1,314 | 93 | 7.5% |
| Artesia, NM | 12,890 | 97 | 2.5% |
| City | Population | Cost of Living Index | National Avg. |
| West Monroe, LA | 12,888 | 89 | 10.5% |
| Mandeville, LA | 12,894 | 113 | 13.4% |
| Borger, TX | 12,894 | 87 | 13.4% |
| Grand Terrace, CA | 12,885 | 136 | 36.4% |
| Washington, IN | 12,882 | 85 | 14.6% |
| Artesia, NM | 12,890 | 97 | 2.5% |
Here are the best places to live in New Mexico
Safest States In The US
These are the 10 cheapest cities in New Mexico
See the best places to live in Artesia