Cost of Living in Angel Fire, NM

With a cost of living index of 105, Angel Fire, NM is somewhat more expensive than average. Living here is 5% more expensive than the national average and 19% above the New Mexico state average of 86. Angel Fire is a small community of 1,089 residents.

Housing costs are the biggest factor in Angel Fire's cost of living. The median monthly rent is $1,120 (15% below the US median of $1,319), and the median home value sits at $476,200 (56% above the national median of $304,900). At current prices, the median home costs roughly 6x the median household income — a stretch for many buyers, though not uncommon in today's market.

The median household income in Angel Fire is $79,821, which is 6% higher than the national median of $75,149. Residents spend roughly 17% of household income on rent. This is a comfortable ratio, well below the 30% threshold that financial experts recommend as a maximum.

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.