Cost of Living in Folsom, NM
Population: 56 | New Mexico
Folsom is 3% less expensive than the national average.
Cost of Living in Folsom, NM: What You Need to Know
With a cost of living index of 97, Folsom, NM is slightly more affordable than average. Living here is 3% cheaper than the national average and 11% above the New Mexico state average of 86. Folsom is a small community of 56 residents.
The median household income in Folsom is $93,750, which is 25% higher than the national median of $75,149.
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
- $93,750
- vs US Median ($75,149)
- +25%