Cost of Living in Artesia, NM
Population 12,555 · New Mexico · Data vintage 2023
(100 = US avg)
Artesia offers a notably favorable income-to-housing ratio for its region. The typical home — $214,000 — costs less than 2.8 times median household income of $77,647, a threshold many coastal markets passed a decade ago.
Geographically, Artesia lies roughly 135 miles northeast of the nearest major metro, El Paso. Median home values run roughly 25% higher than El Paso's $172,000.
Cost Overview
Scale: 100 = US national average. Green < 90, Red > 110.
About the Cost of Living in Artesia
The median home value in Artesia is $213,800 — 30% below the national median of $305,000. Median rent runs $875/month, 33% lower than the national median of $1,314/month. The median household income of $77,647/year is 4% higher than the US median of $74,580. The local unemployment rate is 4.0%, below the national average of 4.8%. New Mexico's top state income tax rate is 5.9% and the combined sales tax is 7.7%. The climate averages highs of 77.8°F and lows of 48.5°F, with about 9.6" of annual snowfall. Overall, Artesia has a cost of living index of 69 versus the US average of 100, meaning it is 31% less expensive.
🏠 Housing
HUD Fair Market Rents by Bedroom
💰 Estimated Monthly Budget
Estimates based on median data and national averages. Actual costs vary.
🛒 Food & Groceries
National BLS average prices (2023). Local prices may vary.
🚗 Transportation
Commute Mode
⚡ Utilities
📋 Taxes
💼 Income & Employment
🎓 Education
👥 Demographics
🌤 Climate
NOAA 1991–2020 Climate Normals
| Month | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| High °F | 57 | 63 | 71 | 79 | 88 | 96 | 97 | 95 | 88 | 78 | 66 | 57 |
| Low °F | 28 | 33 | 39 | 47 | 57 | 66 | 70 | 69 | 61 | 49 | 36 | 28 |
| Precip" | 0.36 | 0.35 | 0.54 | 0.57 | 1.14 | 1.28 | 1.82 | 1.68 | 1.55 | 1.33 | 0.45 | 0.56 |
| Snow" | 2.4 | 1.1 | 0.7 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.4 | 1.2 | 3.8 |
💨 Air Quality
EPA AQS 2023 — county-level monitoring data
🏫 Schools
NCES CCD 2019 — public school district data
Frequently Asked Questions
What is the cost of living in Artesia, NM?
Artesia has a cost index of 69 (100 = national average). It is 31% below the national average.
What is average rent in Artesia, NM?
The median gross rent in Artesia is $875 per month based on 2023 Census data.
What is the average home price in Artesia?
The median home value in Artesia is $213,800 according to Zillow and Census data.
What is the median income in Artesia?
The median household income in Artesia is $77,647 per year (2023 ACS 5-year estimates).
What is the sales tax in Artesia, NM?
The combined state and local sales tax rate in Artesia is 7.7%. The New Mexico state income tax top rate is 5.9%.
Is Artesia, NM affordable?
Yes, Artesia is generally considered affordable, with a cost of living index of 69 — about 31% below the US national average of 100.
What is the weather like in Artesia?
Artesia has average high temperatures of 77.8°F and average lows of 48.5°F. Annual precipitation is 11.6". Average annual snowfall is 9.6". Data from NOAA 1991–2020 Climate Normals.
Artesia at a Glance
- Population
- 12,555
- Median Income
- $77,647
- Home Value
- $213,800
- Median Rent
- $875/mo
- Unemployment
- 4.0%
- Avg High Temp
- 77.8°F
- Sales Tax
- 7.7%
Nearby Cities
Explore county-level cost of living data
New Mexico Rankings
Similar Cost Cities
Cities in other states with comparable housing costs