Cost of Living in Picacho Hills, NM
Population: 1,995 | New Mexico
Picacho Hills is 7% more expensive than the national average.
Cost of Living in Picacho Hills, NM: What You Need to Know
With a cost of living index of 107, Picacho Hills, NM is somewhat more expensive than average. Living here is 7% more expensive than the national average and 21% above the New Mexico state average of 86. Picacho Hills is a small community of 1,995 residents.
The median household income in Picacho Hills is $124,250, which is 65% higher than the national median of $75,149.
Everyday prices in the Las Cruces, 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
- $124,250
- vs US Median ($75,149)
- +65%
Housing
- Median Home Value
- $438,600
- Median Monthly Housing Cost
- $786/mo
Everyday Prices in Picacho Hills
BLS Average Prices for the Las Cruces, NM (Metropolitan Statistical Area) area