Cost of Living in Sandia Park, NM
Population: 383 | New Mexico
Sandia Park is 5% more expensive than the national average.
Cost of Living in Sandia Park, NM: What You Need to Know
With a cost of living index of 105, Sandia Park, NM is somewhat more expensive than average. Living here is 5% more expensive than the national average and 19% above the New Mexico state average of 86. Sandia Park is a small community of 383 residents.
The median household income in Sandia Park is $134,118, which is 78% higher than the national median of $75,149.
Everyday prices in the Albuquerque, 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
- $134,118
- vs US Median ($75,149)
- +78%
Housing
- Median Home Value
- $390,000
- Median Monthly Housing Cost
- $1,441/mo
Everyday Prices in Sandia Park
BLS Average Prices for the Albuquerque, NM (Metropolitan Statistical Area) area