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Cost of Living in Cedar Hill, NM

Population: 835 | New Mexico

90
Cost of Living Index
US Average = 100

Cedar Hill is 10% less expensive than the national average.

100
Housing
77
Home Values
87
Regional Price

Cost of Living in Cedar Hill, NM: What You Need to Know

With a cost of living index of 90, Cedar Hill, NM is a very affordable place to live. Living here is 10% cheaper than the national average and 4% above the New Mexico state average of 86. Cedar Hill is a small community of 835 residents.

The median household income in Cedar Hill is $83,611, which is 11% higher than the national median of $75,149.

Everyday prices in the Farmington, NM (Metropolitan Statistical Area) metro area are generally below the national average. Out of 6 common items tracked by the Bureau of Labor Statistics, 6 are priced lower than the US average. These real-world prices — from groceries to electricity — add up and should be factored into any cost of living comparison.

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
$83,611
vs US Median ($75,149)
+11%

Housing

Median Home Value
$235,800
Median Monthly Housing Cost
$1,252/mo

Everyday Prices in Cedar Hill

BLS Average Prices for the Farmington, NM (Metropolitan Statistical Area) area

$2.99
Gasoline (regular)
per gallon
-3% vs US
🥚
$2.44
Eggs (grade A, large)
per dozen
-3% vs US
🥛
$3.92
Milk (whole)
per gallon
-3% vs US
🍞
$1.80
Bread (white)
per lb
-3% vs US
🍗
$4.04
Chicken breast
per lb
-3% vs US
$0.15
Electricity
per kWh
-22% vs US

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