Cost of Living in Fruitland, NM
Population: 521 | New Mexico
Fruitland is 16% less expensive than the national average.
Cost of Living in Fruitland, NM: What You Need to Know
With a cost of living index of 84, Fruitland, NM is a very affordable place to live. Living here is 16% cheaper than the national average and 3% below the New Mexico state average of 86. Fruitland is a small community of 521 residents.
The median household income in Fruitland is $138,500, which is 84% 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
- $138,500
- vs US Median ($75,149)
- +84%
Housing
- Median Home Value
- $160,000
- Median Monthly Housing Cost
- $1,275/mo
Everyday Prices in Fruitland
BLS Average Prices for the Farmington, NM (Metropolitan Statistical Area) area