Cost Of Living in McCartys Village, NM

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A

11%

Overall NAT. AVG.

0%

Goods & Services NAT. AVG.

33%

Housing NAT. AVG.

Date & Last Updated: This data reflects 2023 and was released from C2ER in January, 2024; 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.
Index	McCartys Village	New Mexico	National
Cost of living	89	93	100
Goods & Services	100	97	100
Groceries	97	97	100
Health care	96	97	100
Housing	67	86	100
Transportation	93	95	100
Utilities	99	90	100

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Cost Of Living Quick Facts

The cost of living in McCartys Village is 5% lower than the New Mexico average
The cost of living in McCartys Village is 11% lower than the national average
McCartys Village housing is 33% 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
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	$36,635	$3,053	$855	$1,099
Renters	$0	$0	$0	$0

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%

Goods & Services

Item	McCartys Village	National avg.	Difference
Haircut	$31.90	$24.26	31.5%
Beauty Salon	$50.83	$45.56	11.6%
Toothpaste	$3.62	$3.70	2.3%
Shampoo	$1.15	$1.28	10.5%
Movie	$12.54	$12.13	3.3%
Bowling	$20.89	$18.00	16.1%

Groceries

Item	McCartys Village	National avg.	Difference
Ground Beef	$5.11	$5.84	12.5%
Fried Chicken	$1.32	$1.57	16.1%
Milk	$4.63	$4.67	1.0%
Potatoes	$4.18	$4.93	15.3%
Pizza	$13.42	$12.09	11.0%
Beer	$11.07	$10.41	6.4%

Health Care

Item	McCartys Village	National avg.	Difference
Optometrist	$136.89	$125.68	8.9%
Doctor	$134.17	$135.78	1.2%
Dentist	$111.42	$113.29	1.7%
Ibuprofen	$10.43	$10.65	2.1%
Lipitor	$380.06	$468.60	18.9%

Housing

Item	McCartys Village	National avg.	Difference
Home Price	$122,900.00	$184,700.00	33.5%
Avg. Mortgage Payment	$1,905.97	$2,346.69	18.8%
Apartment Rent	$0.00	$949.00	100.0%

Transportation

Item	McCartys Village	National avg.	Difference
Gasoline	$3.50	$3.46	1.1%
Tire Balancing	$43.87	$59.92	26.8%

Utilities

Item	McCartys Village	National avg.	Difference
All Electricity	$191.24	$193.99	1.4%
Phone	$190.51	$192.25	0.9%

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	Population	Cost of Living Index	National Avg.
Cubero, NM	175	98	2.1%
Encinal, NM	266	98	2.1%
San Fidel, NM	477	98	2.1%
Acomita Lake, NM	753	98	2.1%
Paraje, NM	793	75	24.7%
McCartys Village, NM	484	89	11.5%

Cities with similar population

City	Population	Cost of Living Index	National Avg.
Mokelumne Hill, CA	484	133	32.5%
Yatesville, GA	484	86	13.7%
Sun River Terrace, IL	484	86	13.7%
Pennock, MN	484	93	7.2%
Vermillion, MN	484	104	3.6%
McCartys Village, NM	484	89	11.5%