Cost of Living in Alamo, NM

With a cost of living index of 73, Alamo, NM is one of the most affordable cities in the country. Living here is 27% cheaper than the national average and 13% below the New Mexico state average of 86. Alamo is a small community of 1,242 residents.

The median household income in Alamo is $24,427, which is 67% 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.