Cost Of Living in Peñasco, NM

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7%

Overall NAT. AVG.

4%

Groceries NAT. AVG.

16%

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	Peñasco	New Mexico	National
Cost of living	93	94	100
Groceries	96	98	100
Health care	95	98	100
Housing	84	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

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Homes For Sale In Peñasco, NM

80 Acequia Del Madre Llano

Arroyo Hondo, NM

14197 State Road 75

Penasco, NM

TBD Tract B Roybal Rd

Rio Lucio, NM

42 Roybal Rd

Penasco, NM

Cost Of Living Quick Facts

The cost of living in Peñasco is 1% lower than the New Mexico average
The cost of living in Peñasco is 7% lower than the national average
Peñasco housing is 16% 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	$60,925	$5,077	$1,421	$1,828
Renters	$24,694	$2,058	$576	$741

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.
Velarde, NM	196	96	3.6%
Cundiyo, NM	18	96	3.6%
Cordova, NM	575	96	3.6%
Picuris Pueblo, NM	132	83	17.5%
Chamisal, NM	376	88	11.6%
Peñasco, NM	669	93	7.2%

Cities with similar population

City	Population	Cost of Living Index	National Avg.
Cattle Creek, CO	669	107	6.8%
Park City, KY	669	84	16.1%
Fort Jesup, LA	669	96	3.6%
Rollingstone, MN	669	97	2.9%
Hungry Horse, MT	669	87	13.1%
Peñasco, NM	669	93	7.2%