Cost of Living in Bernalillo, NM

Population 9,068 · New Mexico · Data vintage 2023

79
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Bernalillo sits on the smaller end of the New Mexico city distribution. That scale shapes the housing market, the labor pool, and the services available to residents in ways the data below makes visible.

Geographically, Bernalillo sits roughly 8 miles east of Rio Rancho. Median home values run roughly 13% lower than Rio Rancho's $273,000.

Cost Overview

Housing 78
Rent 81

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

About the Cost of Living in Bernalillo

The median home value in Bernalillo is $237,100 — 22% below the national median of $305,000. Median rent runs $1,061/month, 19% lower than the national median of $1,314/month. The median household income of $61,624/year is 17% lower than the US median of $74,580. The local unemployment rate is 5.8%, 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, Bernalillo has a cost of living index of 79 versus the US average of 100, meaning it is 21% less expensive.

🏠 Housing

Median Home Value
$237,100
22% below avg
Zillow Home Value
$338,293
Zillow ZHVI
Median Rent
$1,061/mo
19% below avg
Price-to-Rent Ratio
18.6x
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 81.4%
Renter-occupied 18.6%

💰 Estimated Monthly Budget

Rent median rent
$1,061
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $1,675/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
27.2 min
1% above avg
Gas Price
$3.145/gal
0% below avg
Work From Home
18.9%

Commute Mode

Drove alone
70.3%
Carpooled
8.1%
Public transit
0.2%
Walked
1.2%
Bicycle
0.8%
Work from home
18.9%

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
$61,624
17% below avg
Per Capita Income
$34,921
Unemployment Rate
5.8%
22% above avg
Poverty Rate
15.7%
Labor Force Participation
51.7%

🎓 Education

Bachelor's degree+ 12.2%
Graduate degree 11.8%

👥 Demographics

Median Age 45.7
Male median age 43.6
Female median age 47.8

🌤 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 44 — Good
79.4%
Good air days/yr
87
Max AQI recorded
0
PM2.5 days
340
Ozone days

🏫 Schools

NCES CCD 2019 — public school district data

67%
4-Year Graduation Rate
14.2:1
Student-teacher ratio
10
Public schools
2,838
Total enrollment

Frequently Asked Questions

What is the cost of living in Bernalillo, NM?

Bernalillo has a cost index of 79 (100 = national average). It is 21% below the national average.

What is average rent in Bernalillo, NM?

The median gross rent in Bernalillo is $1,061 per month based on 2023 Census data.

What is the average home price in Bernalillo?

The median home value in Bernalillo is $237,100 according to Zillow and Census data.

What is the median income in Bernalillo?

The median household income in Bernalillo is $61,624 per year (2023 ACS 5-year estimates).

What is the sales tax in Bernalillo, NM?

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

Is Bernalillo, NM affordable?

Yes, Bernalillo is generally considered affordable, with a cost of living index of 79 — about 21% below the US national average of 100.

What is the weather like in Bernalillo?

Bernalillo 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.

Bernalillo at a Glance

Population
9,068
Median Income
$61,624
Home Value
$237,100
Median Rent
$1,061/mo
Unemployment
5.8%
Avg High Temp
70.3°F
Sales Tax
7.7%
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