Cost of Living in Bloomfield, NM
Population 7,391 · New Mexico · Data vintage 2023
(100 = US avg)
Bloomfield is a smaller New Mexico community of around 7000 residents, where median household incomes of $51,212 and housing costs ($168,000 for a typical home) give the local cost-of-living profile a distinctly small-town shape. A poverty rate near 24% adds context to the income figures — well above the US average, and worth factoring into any comparison with cities on the coasts or in the Rockies.
Bloomfield lies roughly 125 miles northwest of the nearest major metro, Rio Rancho — close enough that regional housing and labor patterns are shaped largely by the larger market. Median home values run roughly 39% lower than Rio Rancho's $273,000.
Cost Overview
Scale: 100 = US national average. Green < 90, Red > 110.
About the Cost of Living in Bloomfield
The median home value in Bloomfield is $167,800 — 45% below the national median of $305,000. Median rent runs $831/month, 37% lower than the national median of $1,314/month. The median household income of $51,212/year is 31% lower than the US median of $74,580. The local unemployment rate is 5.9%, 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 68.2°F and lows of 38.2°F. Overall, Bloomfield has a cost of living index of 58 versus the US average of 100, meaning it is 42% less expensive.
Bloomfield has limited residential data
Detailed housing and income data is limited for this location. Here are the nearest cities with full cost of living data:
🏠 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 | 43 | 50 | 60 | 67 | 77 | 89 | 93 | 90 | 82 | 69 | 55 | 43 |
| Low °F | 19 | 24 | 30 | 35 | 44 | 53 | 61 | 60 | 51 | 38 | 27 | 19 |
| Precip" | 0.72 | 0.65 | 0.60 | 0.56 | 0.53 | 0.20 | 0.63 | 0.79 | 1.06 | 0.79 | 0.66 | 0.57 |
💨 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 Bloomfield, NM?
Bloomfield has a cost index of 58 (100 = national average). It is 42% below the national average.
What is average rent in Bloomfield, NM?
The median gross rent in Bloomfield is $831 per month based on 2023 Census data.
What is the average home price in Bloomfield?
The median home value in Bloomfield is $167,800 according to Zillow and Census data.
What is the median income in Bloomfield?
The median household income in Bloomfield is $51,212 per year (2023 ACS 5-year estimates).
What is the sales tax in Bloomfield, NM?
The combined state and local sales tax rate in Bloomfield is 7.7%. The New Mexico state income tax top rate is 5.9%.
Is Bloomfield, NM affordable?
Yes, Bloomfield is generally considered affordable, with a cost of living index of 58 — about 42% below the US national average of 100.
What is the weather like in Bloomfield?
Bloomfield has average high temperatures of 68.2°F and average lows of 38.2°F. Annual precipitation is 7.8". Data from NOAA 1991–2020 Climate Normals.
Bloomfield at a Glance
- Population
- 7,391
- Median Income
- $51,212
- Home Value
- $167,800
- Median Rent
- $831/mo
- Unemployment
- 5.9%
- Avg High Temp
- 68.2°F
- Sales Tax
- 7.7%
Nearby Cities
Explore county-level cost of living data
New Mexico Rankings
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