Cost of Living in Paraje, NM
Population: 1,405 | New Mexico
Paraje is 3% less expensive than the national average.
Cost of Living in Paraje, NM: What You Need to Know
With a cost of living index of 97, Paraje, NM is slightly more affordable than average. Living here is 3% cheaper than the national average and 11% above the New Mexico state average of 86. Paraje is a small community of 1,405 residents.
The median household income in Paraje is $30,284, which is 60% lower than the national median of $75,149.
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
- $30,284
- vs US Median ($75,149)
- -60%
Housing
- Median Monthly Housing Cost
- $214/mo