Cost of Living in Alamillo, NM
Population: 168 | New Mexico
Alamillo is 19% less expensive than the national average.
Cost of Living in Alamillo, NM: What You Need to Know
With a cost of living index of 81, Alamillo, NM is a very affordable place to live. Living here is 19% cheaper than the national average and 5% below the New Mexico state average of 86. Alamillo is a small community of 168 residents.
The median household income in Alamillo is $31,447, which is 58% lower than the national median of $75,149. Lower incomes here are balanced by the significantly lower cost of living, stretching each dollar further.
Data sources: US Census Bureau (ACS 2023), Zillow Home Values, HUD Fair Market Rents, BEA Regional Price Parities, BLS Average Prices, and NOAA Climate Normals. Updated monthly.
Income
- Median Household Income
- $31,447
- vs US Median ($75,149)
- -58%
Housing
- Median Home Value
- $111,800
- Median Monthly Housing Cost
- $583/mo