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Cost of Living in Picacho Hills, NM

Population: 1,995 | New Mexico

107
Cost of Living Index
US Average = 100

Picacho Hills is 7% more expensive than the national average.

100
Housing
144
Home Values
90
Regional Price

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

$2.99
Gasoline (regular)
per gallon
-3% vs US
🥚
$2.44
Eggs (grade A, large)
per dozen
-3% vs US
🥛
$3.92
Milk (whole)
per gallon
-3% vs US
🍞
$1.80
Bread (white)
per lb
-3% vs US
🍗
$4.04
Chicken breast
per lb
-3% vs US
$0.15
Electricity
per kWh
-22% vs US

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