Home / New Mexico / Indian Hills

Cost of Living in Indian Hills, NM

Population: 778 | New Mexico

85
Cost of Living Index
US Average = 100

Indian Hills is 15% less expensive than the national average.

100
Housing
50
Home Values
94
Regional Price

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

With a cost of living index of 85, Indian Hills, 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. Indian Hills is a small community of 778 residents.

The median household income in Indian Hills is $41,667, which is 45% lower than the national median of $75,149. Lower incomes here are balanced by the significantly lower cost of living, stretching each dollar further.

Everyday prices in the Albuquerque, 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
$41,667
vs US Median ($75,149)
-45%

Housing

Median Home Value
$152,800
Median Monthly Housing Cost
$1,125/mo

Everyday Prices in Indian Hills

BLS Average Prices for the Albuquerque, NM (Metropolitan Statistical Area) area

$2.99
Gasoline (regular)
per gallon
-3% vs US
🥚
$2.44
Eggs (grade A, large)
per dozen
-3% vs US
🥛
$3.92
Milk (whole)
per gallon
-3% vs US
🍞
$1.80
Bread (white)
per lb
-3% vs US
🍗
$4.04
Chicken breast
per lb
-3% vs US
$0.15
Electricity
per kWh
-22% vs US

Compare Indian Hills With