Cost Of Living in Madrone, NM

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A+

12%

Overall NAT. AVG.

1%

Groceries NAT. AVG.

35%

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	Madrone	New Mexico	National
Cost of living	88	94	100
Groceries	99	98	100
Health care	97	98	100
Housing	65	85	100
Transportation	100	98	100
Utilities	95	97	100
Lifestyle & Entertainment	93	96	100
Household Items	98	98	100
Education & Childcare	99	96	100

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Homes For Sale In Madrone, NM

81 Storey Ave

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58 Ben San Ave

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14 Los Caballos Ln

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25 Jennifer St

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Cost Of Living Quick Facts

The cost of living in Madrone is 6% lower than the New Mexico average
The cost of living in Madrone is 12% lower than the national average
Madrone housing is 35% 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	$41,374	$3,448	$965	$1,241
Renters	$23,196	$1,933	$541	$696

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.
Las Nutrias, NM	108	98	2.3%
Adelino, NM	1,137	98	2.3%
Abeytas, NM	253	98	2.3%
Jarales, NM	2,262	84	16.1%
El Cerro Mission, NM	4,962	87	12.8%
Madrone, NM	598	88	12.1%

Cities with similar population

City	Population	Cost of Living Index	National Avg.
Gillett, AR	598	81	18.8%
Sulphur Rock, AR	598	85	14.6%
Tacna, AZ	598	91	9.0%
Yankeetown, FL	598	102	1.6%
Hoffman, MN	598	87	13.0%
Madrone, NM	598	88	12.1%

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 Madrone, NM

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Cost Of Living Quick Facts

Most Affordable Places to Live in and Around Madrone

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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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