Cost of Living in Ranchos de Taos, NM
Population: 2,348 | New Mexico
Ranchos de Taos is 3% less expensive than the national average.
Cost of Living in Ranchos de Taos, NM: What You Need to Know
With a cost of living index of 97, Ranchos de Taos, 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. Ranchos de Taos is a small community of 2,348 residents.
The median household income in Ranchos de Taos is $51,380, which is 32% 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
- $51,380
- vs US Median ($75,149)
- -32%
Housing
- Median Monthly Housing Cost
- $482/mo