Cost of Living in Ramah, NM
Population: 458 | New Mexico
Ramah is 10% less expensive than the national average.
Cost of Living in Ramah, NM: What You Need to Know
With a cost of living index of 90, Ramah, NM is slightly more affordable than average. Living here is 10% cheaper than the national average and 4% above the New Mexico state average of 86. Ramah is a small community of 458 residents.
The median household income in Ramah is $111,462, which is 48% higher 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
- $111,462
- vs US Median ($75,149)
- +48%
Housing
- Median Home Value
- $222,400
- Median Monthly Housing Cost
- $1,351/mo