Cost of Living in Tres Arroyos, NM
Population: 1,870 | New Mexico
Tres Arroyos is 30% more expensive than the national average.
Cost of Living in Tres Arroyos, NM: What You Need to Know
With a cost of living index of 130, Tres Arroyos, NM is a notably expensive place to live. Living here is 30% more expensive than the national average and 44% above the New Mexico state average of 86. Tres Arroyos is a small community of 1,870 residents.
The median household income in Tres Arroyos is $88,289, which is 17% higher than the national median of $75,149. While incomes are above average, they do not fully offset the higher cost of living.
Everyday prices in the Santa Fe, 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
- $88,289
- vs US Median ($75,149)
- +17%
Housing
- Median Home Value
- $702,100
- Median Monthly Housing Cost
- $1,536/mo
Everyday Prices in Tres Arroyos
BLS Average Prices for the Santa Fe, NM (Metropolitan Statistical Area) area