Cost of Living in Holloman AFB, NM

Population 4,052 · New Mexico · Data vintage 2023

94
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Under 25,000 residents gives Holloman AFB a small-town character that shows up in every data point below — from the commute patterns to the rental inventory. At 7.8%, the local unemployment rate runs well above the US figure, pointing to structural rather than cyclical labor-market issues.

Holloman AFB is about 55 miles northeast of Las Cruces, the nearest large metro — close enough that regional housing and labor patterns are shaped largely by the larger market. Las Cruces' typical home runs $217,000 for context.

Cost Overview

Rent 94

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

About the Cost of Living in Holloman AFB

Median rent runs $1,236/month, 6% lower than the national median of $1,314/month. The median household income of $51,205/year is 31% lower than the US median of $74,580. The local unemployment rate is 7.8%, 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 76.1°F and lows of 42.4°F. Overall, Holloman AFB has a cost of living index of 94 versus the US average of 100, meaning it is 6% less expensive.

🏠 Housing

Median Rent
$1,236/mo
6% below avg
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
0

💰 Estimated Monthly Budget

Rent median rent
$1,236
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $1,850/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
9.3 min
66% below avg
Gas Price
$3.145/gal
0% below avg
Work From Home
1.9%

Commute Mode

Drove alone
59.5%
Carpooled
20.1%
Walked
18.1%
Bicycle
0.4%
Work from home
1.9%

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
$51,205
31% below avg
Per Capita Income
$27,210
Unemployment Rate
7.8%
62% above avg
Poverty Rate
11.7%
Labor Force Participation
85.6%

🎓 Education

Bachelor's degree+ 17.1%
Graduate degree 11.6%

👥 Demographics

Median Age 21.8
Male median age 21.5
Female median age 22.9

🌤 Climate

NOAA 1991–2020 Climate Normals

Avg High
76.1°F
Avg Low
42.4°F
Annual Precip
10.3"
20° 40° 60° 80° 100° JFMAMJJASOND High Low Precip
Month JanFebMarAprMayJunJulAugSepOctNovDec
High °F 566269778595949186776655
Low °F 242732394759666456423123
Precip" 0.630.370.210.190.420.852.302.201.100.790.610.59

Frequently Asked Questions

What is the cost of living in Holloman AFB, NM?

Holloman AFB has a cost index of 94 (100 = national average). It is 6% below the national average.

What is average rent in Holloman AFB, NM?

The median gross rent in Holloman AFB is $1,236 per month based on 2023 Census data.

What is the median income in Holloman AFB?

The median household income in Holloman AFB is $51,205 per year (2023 ACS 5-year estimates).

What is the sales tax in Holloman AFB, NM?

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

Is Holloman AFB, NM affordable?

Holloman AFB is near the national average in terms of cost of living, with an index of 94 (100 = US average).

What is the weather like in Holloman AFB?

Holloman AFB has average high temperatures of 76.1°F and average lows of 42.4°F. Annual precipitation is 10.3". Data from NOAA 1991–2020 Climate Normals.