Cost of Living in Napi Headquarters, NM
Population: 691 | New Mexico
Napi Headquarters is 31% less expensive than the national average.
Cost of Living in Napi Headquarters, NM: What You Need to Know
With a cost of living index of 69, Napi Headquarters, NM is one of the most affordable cities in the country. Living here is 31% cheaper than the national average and 17% below the New Mexico state average of 86. Napi Headquarters is a small community of 691 residents.
The median household income in Napi Headquarters is $28,194, which is 62% lower than the national median of $75,149. Residents spend roughly 19% 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.
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
- $28,194
- vs US Median ($75,149)
- -62%
Housing
- Median Rent
- $438/mo
- Median Monthly Housing Cost
- $428/mo
Everyday Prices in Napi Headquarters
BLS Average Prices for the Farmington, NM (Metropolitan Statistical Area) area