Cost of Living in Arroyo Seco, NM

With a cost of living index of 126, Arroyo Seco, NM is a notably expensive place to live. Living here is 26% more expensive than the national average and 40% above the New Mexico state average of 86. Arroyo Seco is a small community of 2,107 residents.

Housing costs are the biggest factor in Arroyo Seco's cost of living. The median monthly rent is $1,687 (28% above the US median of $1,319), and the median home value sits at $525,500 (72% above the national median of $304,900). At current prices, the median home costs roughly 7.5x the median household income — a challenging ratio that puts homeownership out of reach for many residents.

The median household income in Arroyo Seco is $69,917, which is 7% lower than the national median of $75,149. Residents spend roughly 29% of household income on rent. This is near the 30% threshold that financial experts generally consider the upper limit of affordability.

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.