Cost of Living in Church Rock, NM
Population: 1,413 | New Mexico
Church Rock is 41% less expensive than the national average.
Cost of Living in Church Rock, NM: What You Need to Know
With a cost of living index of 59, Church Rock, NM is one of the most affordable cities in the country. Living here is 41% cheaper than the national average and 27% below the New Mexico state average of 86. Church Rock is a small community of 1,413 residents.
Housing costs are the biggest factor in Church Rock's cost of living. The median monthly rent is $788 (40% below the US median of $1,319), and the median home value sits at $36,500 (88% below the national median of $304,900). At current prices, the median home costs roughly 1x the median household income — well within traditional affordability guidelines.
The median household income in Church Rock is $35,417, which is 53% lower than the national median of $75,149. Residents spend roughly 27% of household income on rent. This is near the 30% threshold that financial experts generally consider the upper limit of affordability. 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
- $35,417
- vs US Median ($75,149)
- -53%
Housing
- Median Rent
- $788/mo
- Median Home Value
- $36,500
- Median Monthly Housing Cost
- $502/mo