Cost of Living in Reserve, NM
Population: 323 | New Mexico
Reserve is 16% less expensive than the national average.
Cost of Living in Reserve, NM: What You Need to Know
With a cost of living index of 84, Reserve, NM is a very affordable place to live. Living here is 16% cheaper than the national average and in line with the New Mexico state average. Reserve is a small community of 323 residents.
The median household income in Reserve is $40,357, which is 46% lower than the national median of $75,149. Lower incomes here are balanced by the significantly lower cost of living, stretching each dollar further.
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
- $40,357
- vs US Median ($75,149)
- -46%
Housing
- Median Home Value
- $145,800
- Median Monthly Housing Cost
- $421/mo