Placitas cost of living index

In the event that the cost of living data was unavailable for this city, estimates based upon nearby cities were used. Each cost of living index is based on a national average of 100. If the amount is below 100, it is lower than the national average. If the amount is above 100, it is higher than the national average.
IndexPlacitasNew MexicoNational
Cost of living index11292100
IndexPlacitasNew MexicoNational
Goods & Services index9794100
Groceries index93105100
Health care index101103100
Housing index15186100
Transportation index101100100
Utilities index8478100

Did you know?

  • The cost of living in Placitas is 21% higher than the New Mexico average.
  • The cost of living in Placitas is 12% higher than the national average.
  • The cost of housing in Placitas is 51% higher than the national average.
  • New Mexico general sales tax is 1% higher than the national average.
  • New Mexico state income tax is 24% lower than the national average.

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Compare Placitas, NM Cost of living To Other Cities

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Median Income & Debt-To-Income Ratio

Median IncomePer YearPer MonthMax Budget (28% DTI)Max Budget (36% DTI)
Owners$74,833$6,236$1,746$2,245
Renters$76,850$6,404$1,793$2,306

New Mexico Sales Tax

StateGeneral Sales TaxWith Max Surtax
New Mexico5.125%8.688%

New Mexico Income Tax

StateIncome Tax (Low)Income Tax (High)
New Mexico1.7%4.9%

Goods & Services

ItemPlacitasNational avg.Difference
Haircut $19.33$16.0920.2%
Beauty Salon $45.00$37.3320.5%
Toothpaste $3.47$2.4541.9%
Shampoo $0.82$1.0018.0%
Movie $11.72$10.2814.0%
Bowling $6.25$4.9326.7%

Groceries

ItemPlacitasNational avg.Difference
Ground Beef $4.84$3.8027.3%
Fried Chicken $1.11$1.4020.5%
Milk $1.52$2.0124.5%
Potatoes $2.32$3.0123.1%
Pizza $9.32$9.895.7%
Beer $7.99$8.9010.2%

Health Care

ItemPlacitasNational avg.Difference
Optometrist $101.52$102.160.6%
Doctor $103.83$108.364.2%
Dentist $100.33$92.538.4%
Ibuprofen $8.48$9.288.6%
Lipitor $422.06$425.820.9%

Housing

ItemPlacitasNational avg.Difference
Home Price $316,400.00$184,700.0071.3%
Avg. Mortgage Payment $1,144.40$1,202.444.8%
Apartment Rent $992.00$949.004.5%

Transportation

ItemPlacitasNational avg.Difference
Gasoline $2.21$2.241.5%
Tire Balancing $49.95$46.297.9%

Utilities

ItemPlacitasNational avg.Difference
All Electricity$149.57$165.969.9%
Phone $22.15$28.6822.8%
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, StatePopulationCost of Living IndexNational Avg.
San Antonito CDP (Socorro County), NM3395-5%
Golden, NM3395-5%
Monterey Park, NM1,77174-26%
Placitas CDP (Doña Ana County), NM72577-23%
Santo Domingo Pueblo, NM2,73780-20%
Placitas, NM4,85311212%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Annville, PA4,85595-5%
Zephyrhills West, FL4,85686-14%
Peculiar, MO4,85689-11%
Willits, CA4,8481088%
Swannanoa, NC4,85889-11%
Placitas, NM4,85311212%
Source: The Placitas, NM cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for 2017.