Cost of Living in Texico, NM

Get 300+ Local Insights for Any Address in Texico, NM

Get Access to 300+ Local Data Points
A+
10%
Overall NAT. AVG.
0%
Groceries NAT. AVG.
27%
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 Texico New Mexico National
Cost of living9094100
Groceries10098100
Health care10098100
Housing7385100
Transportation9698100
Utilities9497100
Lifestyle & Entertainment9496100
Household Items9698100
Education & Childcare9596100
Does this Area Fit Your Budget? Local Insights Report
  • Know the community before you call it home
  • Compare multiple areas side by side
  • Access over 300 data points for any address
Local Insights Report

Homes For Sale In Texico, NM

property for sale

997 SR 108

Texico, NM
property for sale

500 N Anderson St

Texico, NM
property for sale

811 Hereford Ave

Texico, NM
property for sale

312 N Anderson St

Texico, NM
See the Newest Homes For Sale In Texico, NM

Cost Of Living Quick Facts

  • The cost of living in Texico is 4% lower than the New Mexico average
  • The cost of living in Texico is 10% lower than the national average
  • Texico housing is 27% 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 Texico

See all the best places to live around Texico

Compare Texico, NM Cost of Living

City Image
    City Default Image
      vs
      How would you rate the cost of living in Texico?
      Write a review to give others more information about this area.
      Is the cost of living increasing or decreasing in Texico?
      Write a review to give others more information about this area.
      See all Texico poll results

      The best places in New Mexico

      Here are the best places to live in New MexicoSee the best places to live in TexicoMost Dangerous States In The USSafest Cities In The US
      Best Places in New Mexico

      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$70,767$5,897$1,651$2,123
      Renters$0$0$0$0

      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.
      Bovina, TX1,3598415.9%
      Farwell, TX1,5968713.0%
      Clovis, NM39,532928.5%
      Texico, NM1,0849010.3%

      Cities with similar population

      City Population Cost of Living Index National Avg.
      Hydesville, CA1,08414848.2%
      St. Georges, DE1,08412625.6%
      Graettinger, IA1,0848316.7%
      South Henderson, NC1,0847920.7%
      South Corning, NY1,084982.5%
      Texico, NM1,0849010.3%
      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.
      General
      For Professionals
      Follow Us
      AV on Twitter AV on Facebook
      © AreaVibes Inc. 2010-2026