Cost of Living in Cordova, NM
Population: 418 | New Mexico
Cordova is 15% less expensive than the national average.
Cost of Living in Cordova, NM: What You Need to Know
With a cost of living index of 85, Cordova, NM is a very affordable place to live. Living here is 15% cheaper than the national average and in line with the New Mexico state average. Cordova is a small community of 418 residents.
The median household income in Cordova is $23,426, which is 69% 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.
Income
- Median Household Income
- $23,426
- vs US Median ($75,149)
- -69%
Housing
- Median Home Value
- $150,000
- Median Monthly Housing Cost
- $525/mo