Cost of Living in Fort Wingate, NM

With a cost of living index of 90, Fort Wingate, NM is slightly more affordable than average. Living here is 10% cheaper than the national average and 4% above the New Mexico state average of 86. Fort Wingate is a small community of 451 residents.

The median household income in Fort Wingate is $250,001, which is 233% higher than the national median of $75,149. Residents spend roughly 5% of household income on rent. This is a comfortable ratio, well below the 30% threshold that financial experts recommend as a maximum.

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.