Cost of Living in Tyrone, NM
Population: 664 | New Mexico
Tyrone is 13% less expensive than the national average.
Cost of Living in Tyrone, NM: What You Need to Know
With a cost of living index of 87, Tyrone, NM is a very affordable place to live. Living here is 13% cheaper than the national average and in line with the New Mexico state average. Tyrone is a small community of 664 residents.
The median household income in Tyrone is $46,250, which is 38% 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
- $46,250
- vs US Median ($75,149)
- -38%
Housing
- Median Home Value
- $176,100