Cost of Living in Mora, NM
Population: 518 | New Mexico
Mora is 10% less expensive than the national average.
Cost of Living in Mora, NM: What You Need to Know
With a cost of living index of 90, Mora, NM is a very affordable place to live. Living here is 10% cheaper than the national average and 4% above the New Mexico state average of 86. Mora is a small community of 518 residents.
The median household income in Mora is $69,063, which is 8% lower than the national median of $75,149. 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
- $69,063
- vs US Median ($75,149)
- -8%
Housing
- Median Home Value
- $213,600
- Median Monthly Housing Cost
- $997/mo