Cost of Living in Las Cruces, NM

Population 112,612 · New Mexico · Data vintage 2023

72
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

The Las Cruces cost-of-living profile is closer to the US median than most headline-grabbing metros — typical homes around $217,000, rents near $946 a month. A poverty rate near 22% 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.

Cost Overview

Housing 71
Rent 72

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

About the Cost of Living in Las Cruces

The median home value in Las Cruces is $217,400 — 29% below the national median of $305,000. Median rent runs $946/month, 28% lower than the national median of $1,314/month. The median household income of $55,176/year is 26% lower than the US median of $74,580. The local unemployment rate is 7.4%, 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, Las Cruces has a cost of living index of 72 versus the US average of 100, meaning it is 28% less expensive.

🏠 Housing

Median Home Value
$217,400
29% below avg
Zillow Home Value
$286,241
Zillow ZHVI
Median Rent
$946/mo
28% below avg
Zillow Rent
$1,289/mo
Zillow ZORI
Price-to-Rent Ratio
19.2x
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 55.6%
Renter-occupied 44.4%

💰 Estimated Monthly Budget

Rent median rent
$946
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $1,560/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
20.6 min
24% below avg
Gas Price
$3.145/gal
0% below avg
Work From Home
9.9%

Commute Mode

Drove alone
74.7%
Carpooled
10.7%
Public transit
0.4%
Walked
1.3%
Bicycle
1.4%
Work from home
9.9%

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
$55,176
26% below avg
Per Capita Income
$30,804
Unemployment Rate
7.4%
55% above avg
Poverty Rate
22.0%
Labor Force Participation
59.7%

🎓 Education

Bachelor's degree+ 20.2%
Graduate degree 17.1%

👥 Demographics

Median Age 32.7
Male median age 31.8
Female median age 33.6

🌤 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

🏫 Schools

NCES CCD 2019 — public school district data

86%
4-Year Graduation Rate
16.1:1
Student-teacher ratio
40
Public schools
24,517
Total enrollment

Frequently Asked Questions

What is the cost of living in Las Cruces, NM?

Las Cruces has a cost index of 72 (100 = national average). It is 28% below the national average.

What is average rent in Las Cruces, NM?

The median gross rent in Las Cruces is $946 per month based on 2023 Census data.

What is the average home price in Las Cruces?

The median home value in Las Cruces is $217,400 according to Zillow and Census data.

What is the median income in Las Cruces?

The median household income in Las Cruces is $55,176 per year (2023 ACS 5-year estimates).

What is the sales tax in Las Cruces, NM?

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

Is Las Cruces, NM affordable?

Yes, Las Cruces is generally considered affordable, with a cost of living index of 72 — about 28% below the US national average of 100.

What is the weather like in Las Cruces?

Las Cruces 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.

Las Cruces at a Glance

Population
112,612
Median Income
$55,176
Home Value
$217,400
Median Rent
$946/mo
Unemployment
7.4%
Avg High Temp
76.1°F
Sales Tax
7.7%
View all cities in New Mexico →
🗺️ County data for New Mexico

Explore county-level cost of living data

Similar Cost Cities

Cities in other states with comparable housing costs