A+
17%
Overall NAT. AVG.
1%
Groceries NAT. AVG.
50%
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 Meadow Lake New Mexico National
Cost of living8394100
Groceries9998100
Health care9798100
Housing5085100
Transportation10098100
Utilities9597100
Lifestyle & Entertainment9396100
Household Items9898100
Education & Childcare9996100
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Cost Of Living Quick Facts

  • The cost of living in Meadow Lake is 11% lower than the New Mexico average
  • The cost of living in Meadow Lake is 17% lower than the national average
  • Meadow Lake housing is 50% 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

Most Affordable Places to Live in and Around Meadow Lake

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Compare Meadow Lake, NM Cost of Living

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      Salary Calculator

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      Utilities index
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      Educare index

      Median Income & Debt-To-Income Ratio

      Median Income Per Year Per Month Max Budget (28% DTI) Max Budget (36% DTI)
      Owners$58,180$4,848$1,357$1,746
      Renters$25,342$2,112$591$760
      The percent of monthly income spent on housing can be a good indicator of the affordability of housing in Meadow Lake, NM, as well as the overall cost of living. As a general rule of thumb, the debt-to-income ratio (DTI) for homeowners or renters should be not more than 28 percent of gross income to be spent on housing related costs and not more than 36 percent of income on all expenses, including debts. The median income for Meadow Lake homeowners, is $58,180. This would allow for a maximum of $1,357 per month to be spent on housing costs. For renters, the median monthly income is $25,342 which would result in a maximum of $591 to be spent on rental costs.

      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.
      Adelino, NM1,137982.3%
      Chical, NM209982.3%
      Manzano, NM0982.3%
      Pajarito Mesa, NM3167624.3%
      Isleta Village Proper, NM5028317.3%
      Meadow Lake, NM4,3788316.8%

      Cities with similar population

      City Population Cost of Living Index National Avg.
      Indian River Shores, FL4,37817979.1%
      North Plymouth, MA4,37813636.1%
      Adamsville, AL4,3778910.8%
      Holmes Beach, FL4,37915454.3%
      Orangetree, FL4,37912827.8%
      Meadow Lake, NM4,3788316.8%
      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.