Cost of Living in Los Lunas, NM

Population 17,932 · New Mexico · Data vintage 2023

81
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Los Lunas 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.

Los Lunas sits roughly 20 miles southwest of Albuquerque — close enough that regional housing and labor patterns are shaped largely by the larger market. Median home values run roughly 13% lower than Albuquerque's $267,000.

Cost Overview

Housing 76
Rent 88

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

About the Cost of Living in Los Lunas

The median home value in Los Lunas is $232,700 — 24% below the national median of $305,000. Median rent runs $1,157/month, 12% lower than the national median of $1,314/month. The median household income of $63,696/year is 15% lower than the US median of $74,580. The local unemployment rate is 5.4%, 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 70.3°F and lows of 45.5°F, with about 7.9" of annual snowfall. Overall, Los Lunas has a cost of living index of 81 versus the US average of 100, meaning it is 19% less expensive.

🏠 Housing

Median Home Value
$232,700
24% below avg
Zillow Home Value
$317,376
Zillow ZHVI
Median Rent
$1,157/mo
12% below avg
Zillow Rent
$2,039/mo
Zillow ZORI
Price-to-Rent Ratio
16.8x
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 73.4%
Renter-occupied 26.6%

💰 Estimated Monthly Budget

Rent median rent
$1,157
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $1,771/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
27.7 min
3% above avg
Gas Price
$3.145/gal
0% below avg
Work From Home
6.8%

Commute Mode

Drove alone
80.3%
Carpooled
10.1%
Public transit
1.6%
Walked
0.6%
Work from home
6.8%

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
$63,696
15% below avg
Per Capita Income
$29,414
Unemployment Rate
5.4%
13% above avg
Poverty Rate
18.4%
Labor Force Participation
49.5%

🎓 Education

Bachelor's degree+ 15.6%
Graduate degree 12.0%

👥 Demographics

Median Age 37
Male median age 34.6
Female median age 38.7

🌤 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 42 — Good
80.1%
Good air days/yr
87
Max AQI recorded
0
PM2.5 days
361
Ozone days

🏫 Schools

NCES CCD 2019 — public school district data

79%
4-Year Graduation Rate
18.6:1
Student-teacher ratio
16
Public schools
8,540
Total enrollment

Frequently Asked Questions

What is the cost of living in Los Lunas, NM?

Los Lunas has a cost index of 81 (100 = national average). It is 19% below the national average.

What is average rent in Los Lunas, NM?

The median gross rent in Los Lunas is $1,157 per month based on 2023 Census data.

What is the average home price in Los Lunas?

The median home value in Los Lunas is $232,700 according to Zillow and Census data.

What is the median income in Los Lunas?

The median household income in Los Lunas is $63,696 per year (2023 ACS 5-year estimates).

What is the sales tax in Los Lunas, NM?

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

Is Los Lunas, NM affordable?

Yes, Los Lunas is generally considered affordable, with a cost of living index of 81 — about 19% below the US national average of 100.

What is the weather like in Los Lunas?

Los Lunas 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.

Los Lunas at a Glance

Population
17,932
Median Income
$63,696
Home Value
$232,700
Median Rent
$1,157/mo
Unemployment
5.4%
Avg High Temp
70.3°F
Sales Tax
7.7%
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🗺️ County data for New Mexico

Explore county-level cost of living data

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