Sunland Park, New Mexico Cost Of Living

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B+

Overall 13%

Goods & Services 0%

Housing 41%

Date & Last Updated: This data reflects 2022 and was released from C2ER in January, 2022; 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	Sunland Park	New Mexico	National
Cost of living	87	92	100
Goods & Services	100	93	100
Groceries	101	96	100
Health care	97	98	100
Housing	59	86	100
Transportation	102	98	100
Utilities	91	90	100

Key findings

The cost of living in Sunland Park is 5% lower than the New Mexico average
The cost of living in Sunland Park is 13% lower than the national average
Sunland Park housing is 41% lower than the national average
New Mexico general sales tax is 1% higher than the national average
New Mexico state income tax is 31% 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	$34,288	$2,857	$800	$1,029
Renters	$18,465	$1,539	$431	$554

The percent of monthly income spent on housing can be a good indicator of the affordability of housing in Sunland Park, 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 Sunland Park homeowners, is $34,288. This would allow for a maximum of $800 per month to be spent on housing costs. For renters, the median monthly income is $18,465 which would result in a maximum of $431 to be spent on rental costs.

New Mexico Sales Tax

State	General Sales Tax	With Max Surtax
New Mexico	5.125%	8.688%

New Mexico Income Tax

State	Income Tax (Low)	Income Tax (High)
New Mexico	1.7%	4.9%

Goods & Services

Item	Sunland Park	National avg.	Difference
Haircut	$19.55	$20.27	3.6%
Beauty Salon	$26.43	$40.39	34.6%
Toothpaste	$2.36	$2.36	0.1%
Shampoo	$1.11	$1.08	3.1%
Movie	$10.22	$10.99	7.0%
Bowling	$13.53	$15.49	12.7%

Groceries

Item	Sunland Park	National avg.	Difference
Ground Beef	$4.81	$4.30	12.0%
Fried Chicken	$1.82	$1.40	30.1%
Milk	$2.31	$2.20	4.9%
Potatoes	$3.84	$3.22	19.4%
Pizza	$10.99	$10.74	2.4%
Beer	$10.83	$9.60	12.9%

Health Care

Item	Sunland Park	National avg.	Difference
Optometrist	$85.12	$109.73	22.4%
Doctor	$144.83	$118.34	22.4%
Dentist	$80.20	$100.94	20.5%
Ibuprofen	$10.27	$9.93	3.4%
Lipitor	$490.54	$469.53	4.5%

Housing

Item	Sunland Park	National avg.	Difference
Home Price	$102,900.00	$184,700.00	44.3%
Avg. Mortgage Payment	$829.78	$1,229.62	32.5%
Apartment Rent	$634.00	$949.00	33.2%

Transportation

Item	Sunland Park	National avg.	Difference
Gasoline	$2.60	$2.71	4.0%
Tire Balancing	$58.31	$51.86	12.4%

Utilities

Item	Sunland Park	National avg.	Difference
All Electricity	$141.55	$170.84	17.1%
Phone	$188.86	$187.18	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.
Canutillo, TX	5,695	83	16.8%
Anthony, NM	9,459	83	16.5%
Westway, TX	4,107	84	16.1%
Vinton, TX	1,549	84	15.8%
La Union, NM	1,378	84	15.5%
Sunland Park, NM	15,588	87	13.2%

Cities with similar population

City	Population	Cost of Living Index	National Avg.
Alton, TX	15,581	75	24.8%
Flowing Wells, AZ	15,601	87	13.0%
Laurinburg, NC	15,601	91	8.8%
Los Osos, CA	15,603	140	40.0%
Humble, TX	15,569	91	9.3%
Sunland Park, NM	15,588	87	13.2%

Source: This data reflects 2021 and was released from C2ER in January, 2022; this is the most current data available.