Cost of Living in Nogal, NM

With a cost of living index of 83, Nogal, NM is a very affordable place to live. Living here is 17% cheaper than the national average and 3% below the New Mexico state average of 86. Nogal is a small community of 156 residents.

The median household income in Nogal is $30,982, which is 59% 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.