Cost Of Living in Bayard, NM

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16%

Overall NAT. AVG.

4%

Groceries NAT. AVG.

47%

Housing NAT. AVG.

Date & Last Updated: These cost of living estimates reflect 2026 modeled data using U.S. Census housing inputs and AI-assisted city-level pricing models.

The cost of living index is based on a national average of 100. For example, if the cost of living score is 90, then the estimated cost of living is 10% lower than the national average. If the score is 110, then the estimated cost of living is 10% higher than average. The overall index is calculated using weighted estimates across major everyday expense categories, including housing (30%), groceries (16%), transportation (12%), healthcare (10%), utilities (8%), lifestyle and entertainment (8%), household expenses (8%), and education and childcare (8%). All values are AI-assisted city-level estimates designed for directional comparisons.
Index	Bayard	New Mexico	National
Cost of living	84	94	100
Groceries	96	98	100
Health care	99	98	100
Housing	53	85	100
Transportation	101	98	100
Utilities	96	97	100
Lifestyle & Entertainment	96	96	100
Household Items	98	98	100
Education & Childcare	100	96	100

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Homes For Sale In Bayard, NM

304 Stewart St

Bayard, NM

625 Mckee ST

Bayard, NM

623 Mckee ST

Bayard, NM

509 Empire St

Bayard, NM

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Cost Of Living Quick Facts

The cost of living in Bayard is 10% lower than the New Mexico average
The cost of living in Bayard is 16% lower than the national average
Bayard housing is 47% lower than the national average
New Mexico general sales tax is 2% lower than the national average
New Mexico state income tax is 35% lower than the national average

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Price difference in compared to

Cost of living index
Groceries index
Health care index
Housing index
Transportation index
Utilities index
Lifestyle index
Household index
Educare index

Median Income & Debt-To-Income Ratio

Median Income	Per Year	Per Month	Max Budget (28% DTI)	Max Budget (36% DTI)
Owners	$57,543	$4,795	$1,343	$1,726
Renters	$117,312	$9,776	$2,737	$3,520

New Mexico Sales Tax

State	General Sales Tax	With Max Surtax
New Mexico	5%	8.688%

New Mexico Income Tax

State	Income Tax (Low)	Income Tax (High)
New Mexico	1.7%	5.9%

Nearby cities with low cost of living

City	Population	Cost of Living Index	National Avg.
San Lorenzo, NM	155	98	2.1%
Cobre, NM	28	98	2.1%
North Hurley, NM	165	80	20.0%
Hanover, NM	158	84	15.7%
Santa Clara, NM	1,756	84	15.6%
Bayard, NM	2,508	84	15.7%

Cities with similar population

City	Population	Cost of Living Index	National Avg.
Lavaca, AR	2,508	86	13.5%
Wilberforce, OH	2,508	92	7.7%
Lincolnville, SC	2,508	93	7.2%
Lytle, TX	2,508	92	8.3%
Dora, AL	2,507	86	14.5%
Bayard, NM	2,508	84	15.7%

Date & Last Updated: These cost of living estimates reflect 2026 modeled data using U.S. Census housing inputs and AI-assisted city-level pricing models.

Cost of Living in Bayard, NM

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Cost Of Living Quick Facts

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Median Income & Debt-To-Income Ratio

New Mexico Sales Tax

New Mexico Income Tax

Nearby cities with low cost of living

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