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Cost of Living in Hope, NM

Population: 99 | New Mexico

97
Cost of Living Index
US Average = 100

Hope is 3% less expensive than the national average.

100
Housing
100
Home Values
92
Regional Price

Cost of Living in Hope, NM: What You Need to Know

With a cost of living index of 97, Hope, 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. Hope is a small community of 99 residents.

The median household income in Hope is $103,393, which is 38% 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
$103,393
vs US Median ($75,149)
+38%

Housing

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