Cost of Living in Tucumcari, NM

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21%
Overall NAT. AVG.
0%
Groceries NAT. AVG.
64%
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 Tucumcari New Mexico National
Cost of living7994100
Groceries10098100
Health care10098100
Housing3685100
Transportation9698100
Utilities9497100
Lifestyle & Entertainment9496100
Household Items9698100
Education & Childcare9596100
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Homes For Sale In Tucumcari, NM

property for sale

West Ridge Heights Lot 1-8

Tucumcari, NM
property for sale

6291 Quay Road Aq

Tucumcari, NM
property for sale

5427 Quay Road Bk

Tucumcari, NM
property for sale

1420 Flintridge

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

Cost Of Living Quick Facts

  • The cost of living in Tucumcari is 16% lower than the New Mexico average
  • The cost of living in Tucumcari is 21% lower than the national average
  • Tucumcari housing is 64% 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 Tucumcari

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      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$60,926$5,077$1,422$1,828
      Renters$35,085$2,924$819$1,053
      The affordability of the housing market in Tucumcari, NM as well as the overall cost of living can be predicted by what percent of the monthly income is spent on housing related costs. This is konwn as the debt-to-income ratio (DTI). The overall rule of thumb is that no more than 28% of your gross income should be spent on the overall costs related to housing and no more than 36% of gross income on all expenses and debts. Among Tucumcari homeowners, the median income is $60,926. This indicates that a monthly maximum of $1,422 should be spent by homeowners on all housing related costs. Renters have a median income of $35,085. This indicates that renters would have a maximum of $819 for their rent related monthly costs.

      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.
      Tucumcari, NM4,9947921.3%

      Cities with similar population

      City Population Cost of Living Index National Avg.
      Rochester, WA4,99411818.0%
      Phoenix Lake, CA4,99213938.7%
      Mayville, WI4,992937.3%
      Strathcona D (Oyster Bay - Buttle Lake), BC4,992n/a 
      Mount Carmel, OH4,996919.0%
      Tucumcari, NM4,9947921.3%
      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.
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