Dexter, NM Cost Of Living

Dexter 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.
Index	Dexter	New Mexico	National
Cost of living index	82	92	100
Index	Dexter	New Mexico	National
Goods & Services index	94	94	100
Groceries index	95	105	100
Health care index	99	103	100
Housing index	52	86	100
Transportation index	92	100	100
Utilities index	101	78	100

Did you know?

The cost of living in Dexter is 11% lower than the New Mexico average.
The cost of living in Dexter is 18% lower than the national average.
The cost of housing in Dexter is 48% 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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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 Income	Per Year	Per Month	Max Budget (28% DTI)	Max Budget (36% DTI)
Owners	$39,453	$3,288	$921	$1,184
Renters	$0	$0	$0	$0

New Mexico Sales Tax

State	General Sales Tax	With Max Surtax
New Mexico	5.125%	8.688%

New Mexico Income Tax

State	Income Tax (Low)	Income Tax (High)
New Mexico	1.7%	4.9%

Goods & Services

Item	Dexter	National avg.	Difference
Haircut	$13.78	$16.09	14.3%
Beauty Salon	$43.13	$37.33	15.5%
Toothpaste	$2.09	$2.45	14.7%
Shampoo	$0.91	$1.00	9.4%
Movie	$9.13	$10.28	11.2%
Bowling	$5.89	$4.93	19.4%

Groceries

Item	Dexter	National avg.	Difference
Ground Beef	$3.69	$3.80	3.0%
Fried Chicken	$1.13	$1.40	18.9%
Milk	$1.99	$2.01	1.0%
Potatoes	$2.82	$3.01	6.3%
Pizza	$8.00	$9.89	19.1%
Beer	$9.33	$8.90	4.9%

Health Care

Item	Dexter	National avg.	Difference
Optometrist	$104.80	$102.16	2.6%
Doctor	$111.04	$108.36	2.5%
Dentist	$88.09	$92.53	4.8%
Ibuprofen	$8.98	$9.28	3.2%
Lipitor	$427.17	$425.82	0.3%

Housing

Item	Dexter	National avg.	Difference
Home Price	$83,300.00	$184,700.00	54.9%
Avg. Mortgage Payment	$1,006.19	$1,202.44	16.3%
Apartment Rent	$641.00	$949.00	32.5%

Transportation

Item	Dexter	National avg.	Difference
Gasoline	$2.04	$2.24	9.3%
Tire Balancing	$44.26	$46.29	4.4%

Utilities

Item	Dexter	National avg.	Difference
All Electricity	$142.95	$165.96	13.9%
Phone	$34.01	$28.68	18.6%

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, State	Population	Cost of Living Index	National Avg.
Lake Arthur, NM	461	78	-22%
Hagerman, NM	999	79	-21%
Midway, NM	1,047	83	-17%
Roswell, NM	48,407	85	-15%
Dexter, NM	1,254	82	-18%

Cities with similar population

City, State	Population	Cost of Living Index	National Avg.
Shell Rock, IA	1,254	86	-14%
Wildwood, TX	1,254	97	-3%
Kamiah, ID	1,255	86	-14%
Clymer, PA	1,253	84	-16%
Villisca, IA	1,255	77	-23%
Dexter, NM	1,254	82	-18%

Source: The Dexter, NM cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for 2017.

Dexter, NM Cost of Living