Luna, NM Cost of Living


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Luna cost of living score
82.9
Less expensive
17.1% lower
than the US average
6.2% lower
than the New Mexico average
Luna, New Mexico gets a BestPlaces Cost of Living score of 82.9, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 17.1% lower than the U.S. average and 6.2% higher than the average for New Mexico.

Luna, NM

Housing costs in Luna?
A typical home costs $245,300, which is 27.4% less expensive than the national average of $338,100 and 8.2% less expensive than the average New Mexico home, at $267,100. Renting a two-bedroom unit in Luna costs $790 per month, which is 44.8% cheaper than the national average of $1,430 and 29.1% cheaper than the state average of $1,020.

Can I afford Luna?
To live comfortably in Luna, New Mexico, a minimum annual income of $47,160 for a family, and $25,200 for a single person is recommended.

What does A.I. say about Luna?
Luna, NM has a surprisingly low cost of living compared to many other places. The median home price is just under $100,000, and the average monthly rent in Luna is only around $650. The local grocery stores have competitive prices on food items, making it easy to stock up on essentials without breaking the bank. Additionally, Luna has one of the lowest gas prices in the state due to its proximity to Mexico. These factors combine to make Luna an affordable place to live with plenty of amenities and activities nearby.
   Cost of living score
     CategoriesLunaNew MexicoUnited States
  82.988.4100.0
  10193.3100
  85.682.6100.0
  126.184.3100.0
  $245,300$267,100$338,100
  106.1%100.4%100.0%
  70.884.6100.0
  76.585.5100.0

   100=National Average

   Average Rent by Bedroom Size
Crime
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