Cost Of Living in Peak Place, NM

Get 300+ Local Insights for Any Address in Peak Place, NM

Get Access to 300+ Local Data Points

A+

26%

Overall NAT. AVG.

4%

Groceries NAT. AVG.

78%

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	Peak Place	New Mexico	National
Cost of living	74	94	100
Groceries	96	98	100
Health care	95	98	100
Housing	22	85	100
Transportation	95	98	100
Utilities	99	97	100
Lifestyle & Entertainment	100	96	100
Household Items	99	98	100
Education & Childcare	92	96	100

Does this Area Fit Your Budget?

Know the community before you call it home
Compare multiple areas side by side
Access over 300 data points for any address

GET REPORT →

Cost Of Living Quick Facts

The cost of living in Peak Place is 21% lower than the New Mexico average
The cost of living in Peak Place is 26% lower than the national average
Peak Place housing is 78% 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 Peak Place

See all the best places to live around Peak Place

Compare Peak Place, NM Cost of Living

Write a review to give others more information about this area.

See all Peak Place poll results

The best places in New Mexico

Here are the best places to live in New Mexico

Check out the 10 safest cities in New Mexico

These are the 10 cheapest cities in New Mexico

Most Dangerous Cities In The US

Salary Calculator

This is how much you would need to earn in

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	$69,386	$5,782	$1,619	$2,082
Renters	$40,196	$3,350	$938	$1,206

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.
Cuartelez, NM	96	96	3.6%
Rio en Medio, NM	203	96	3.6%
Cundiyo, NM	18	96	3.6%
Pojoaque, NM	2,139	85	15.4%
Pecos, NM	1,234	86	14.1%
Peak Place, NM	471	74	25.8%

Cities with similar population

City	Population	Cost of Living Index	National Avg.
West Jefferson, AL	471	93	7.1%
Boulevard, CA	471	117	17.3%
Pakala Village, HI	471	109	9.2%
Bonaparte, IA	471	80	19.9%
Delhi, IA	471	86	13.8%
Peak Place, NM	471	74	25.8%