Cost of Living in Mescalero, NM
Population: 814 | New Mexico
Mescalero is 55% less expensive than the national average.
Cost of Living in Mescalero, NM: What You Need to Know
With a cost of living index of 45, Mescalero, NM is one of the most affordable cities in the country. Living here is 55% cheaper than the national average and 41% below the New Mexico state average of 86. Mescalero is a small community of 814 residents.
Housing costs are the biggest factor in Mescalero's cost of living. The median monthly rent is $282 (79% below the US median of $1,319), and the median home value sits at $48,300 (84% below the national median of $304,900). At current prices, the median home costs roughly 1.7x the median household income — well within traditional affordability guidelines.
The median household income in Mescalero is $28,167, which is 63% lower than the national median of $75,149. Residents spend roughly 12% of household income on rent. This is a comfortable ratio, well below the 30% threshold that financial experts recommend as a maximum. Lower incomes here are balanced by the significantly lower cost of living, stretching each dollar further.
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
- $28,167
- vs US Median ($75,149)
- -63%
Housing
- Median Rent
- $282/mo
- Median Home Value
- $48,300
- Median Monthly Housing Cost
- $217/mo