Cost of Living in Clovis, NM
Population 38,153 · New Mexico · Data vintage 2023
(100 = US avg)
The Clovis cost-of-living profile is closer to the US median than most headline-grabbing metros — typical homes around $160,000, rents near $947 a month. Around 22% of residents live below the federal poverty line, a rate that tends to correlate with the income and housing figures above.
Geographically, Clovis lies roughly 95 miles southwest of the nearest major metro, Amarillo. Median home values run roughly 14% lower than Amarillo's $187,000.
Cost Overview
Scale: 100 = US national average. Green < 90, Red > 110.
About the Cost of Living in Clovis
The median home value in Clovis is $160,000 — 48% below the national median of $305,000. Median rent runs $947/month, 28% lower than the national median of $1,314/month. The median household income of $54,029/year is 28% lower than the US median of $74,580. The local unemployment rate is 7.9%, 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 74.0°F and lows of 41.6°F. Overall, Clovis has a cost of living index of 60 versus the US average of 100, meaning it is 40% 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 | 55 | 59 | 67 | 74 | 83 | 92 | 92 | 91 | 83 | 74 | 63 | 54 |
| Low °F | 22 | 26 | 32 | 39 | 50 | 59 | 63 | 61 | 54 | 42 | 30 | 23 |
| Precip" | 0.57 | 0.42 | 0.84 | 0.75 | 2.24 | 2.86 | 2.33 | 2.62 | 2.43 | 1.52 | 0.67 | 0.69 |
🏫 Schools
NCES CCD 2019 — public school district data
Frequently Asked Questions
What is the cost of living in Clovis, NM?
Clovis has a cost index of 60 (100 = national average). It is 40% below the national average.
What is average rent in Clovis, NM?
The median gross rent in Clovis is $947 per month based on 2023 Census data.
What is the average home price in Clovis?
The median home value in Clovis is $160,000 according to Zillow and Census data.
What is the median income in Clovis?
The median household income in Clovis is $54,029 per year (2023 ACS 5-year estimates).
What is the sales tax in Clovis, NM?
The combined state and local sales tax rate in Clovis is 7.7%. The New Mexico state income tax top rate is 5.9%.
Is Clovis, NM affordable?
Yes, Clovis is generally considered affordable, with a cost of living index of 60 — about 40% below the US national average of 100.
What is the weather like in Clovis?
Clovis has average high temperatures of 74.0°F and average lows of 41.6°F. Annual precipitation is 17.9". Data from NOAA 1991–2020 Climate Normals.
Clovis at a Glance
- Population
- 38,153
- Median Income
- $54,029
- Home Value
- $160,000
- Median Rent
- $947/mo
- Unemployment
- 7.9%
- Avg High Temp
- 74.0°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