Cost of Living in Tome, NM

With a cost of living index of 95, Tome, NM is slightly more affordable than average. Living here is 5% cheaper than the national average and 9% above the New Mexico state average of 86. Tome is a small community of 1,525 residents.

The median household income in Tome is $84,243, which is 12% 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.