Cost of Living in Belen, NM

Population 7,427 · New Mexico · Data vintage 2023

57
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

At $40,354, median household incomes in Belen land roughly 46% below the US median, a gap that tends to persist across local labor-market indicators. Unemployment has stayed elevated relative to the national figure — 6.2% as of the most recent ACS release — which shows up in household-income and poverty figures as well.

Located 25 miles southwest of Albuquerque, Belen falls within that metro's commuting orbit. Median home values run roughly 42% lower than Albuquerque's $267,000.

Cost Overview

Housing 51
Rent 67

Scale: 100 = US national average. Green < 90, Red > 110.

About the Cost of Living in Belen

The median home value in Belen is $154,600 — 49% below the national median of $305,000. Median rent runs $877/month, 33% lower than the national median of $1,314/month. The median household income of $40,354/year is 46% lower than the US median of $74,580. The local unemployment rate is 6.2%, above 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 70.3°F and lows of 45.5°F, with about 7.9" of annual snowfall. Overall, Belen has a cost of living index of 57 versus the US average of 100, meaning it is 43% less expensive.

🏠 Housing

Median Home Value
$154,600
49% below avg
Zillow Home Value
$256,871
Zillow ZHVI
Median Rent
$877/mo
33% below avg
Price-to-Rent Ratio
14.7x
Favors buying
Property Tax Rate
0.8%
Effective rate

HUD Fair Market Rents by Bedroom

Studio
$678
1 BR
$790
2 BR
$933
3 BR
$1,307
4 BR
$1,549
Owner-occupied 74.5%
Renter-occupied 25.5%

💰 Estimated Monthly Budget

Rent median rent
$877
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $1,491/mo

Estimates based on median data and national averages. Actual costs vary.

🛒 Food & Groceries

National BLS average prices (2023). Local prices may vary.

🥚
Eggs (dozen)
$0.548
🍞
White Bread (lb)
$1.912
🥩
Ground Beef (lb)
$5.61

🚗 Transportation

Avg Commute
29.0 min
7% above avg
Gas Price
$3.145/gal
0% below avg
Work From Home
8.5%

Commute Mode

Drove alone
71.7%
Carpooled
11.6%
Public transit
0.5%
Walked
2.9%
Work from home
8.5%

Utilities

Electricity
$0.176/kWh
0% below avg

📋 Taxes

State Income Tax 5.9%
Total Sales Tax 7.7%
State rate 5.0%
Avg local rate 2.7%
Property Tax 0.8%

💼 Income & Employment

Median Household Income
$40,354
46% below avg
Per Capita Income
$22,219
Unemployment Rate
6.2%
28% above avg
Poverty Rate
28.5%
Labor Force Participation
49.1%

🎓 Education

Bachelor's degree+ 8.7%
Graduate degree 5.5%

👥 Demographics

Median Age 39
Male median age 34.9
Female median age 40

🌤 Climate

NOAA 1991–2020 Climate Normals

Avg High
70.3°F
Avg Low
45.5°F
Annual Precip
8.8"
Annual Snowfall
7.9"
20° 40° 60° 80° 100° JFMAMJJASOND High Low Precip
Month JanFebMarAprMayJunJulAugSepOctNovDec
High °F 485463708090918983715747
Low °F 263036435262676558463427
Precip" 0.360.430.460.510.440.571.641.311.150.870.570.53
Snow" 1.41.50.70.30.00.00.00.00.00.30.92.8

💨 Air Quality

EPA AQS 2023 — county-level monitoring data

Median AQI 42 — Good
80.1%
Good air days/yr
87
Max AQI recorded
0
PM2.5 days
361
Ozone days

🏫 Schools

NCES CCD 2019 — public school district data

76%
4-Year Graduation Rate
16.2:1
Student-teacher ratio
11
Public schools
3,865
Total enrollment

Frequently Asked Questions

What is the cost of living in Belen, NM?

Belen has a cost index of 57 (100 = national average). It is 43% below the national average.

What is average rent in Belen, NM?

The median gross rent in Belen is $877 per month based on 2023 Census data.

What is the average home price in Belen?

The median home value in Belen is $154,600 according to Zillow and Census data.

What is the median income in Belen?

The median household income in Belen is $40,354 per year (2023 ACS 5-year estimates).

What is the sales tax in Belen, NM?

The combined state and local sales tax rate in Belen is 7.7%. The New Mexico state income tax top rate is 5.9%.

Is Belen, NM affordable?

Yes, Belen is generally considered affordable, with a cost of living index of 57 — about 43% below the US national average of 100.

What is the weather like in Belen?

Belen has average high temperatures of 70.3°F and average lows of 45.5°F. Annual precipitation is 8.8". Average annual snowfall is 7.9". Data from NOAA 1991–2020 Climate Normals.

Belen at a Glance

Population
7,427
Median Income
$40,354
Home Value
$154,600
Median Rent
$877/mo
Unemployment
6.2%
Avg High Temp
70.3°F
Sales Tax
7.7%
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