Cost of Living in Raton, NM
Population 6,013 · New Mexico · Data vintage 2023
(100 = US avg)
Raton is a smaller New Mexico community of around 6000 residents, where median household incomes of $52,007 and housing costs ($148,000 for a typical home) give the local cost-of-living profile a distinctly small-town shape. Around 21% of residents live below the federal poverty line, a rate that tends to correlate with the income and housing figures above.
Raton lies roughly 95 miles south of the nearest major metro, Pueblo — close enough that regional housing and labor patterns are shaped largely by the larger market. Median home values run roughly 36% lower than Pueblo's $231,000.
Cost Overview
Scale: 100 = US national average. Green < 90, Red > 110.
About the Cost of Living in Raton
The median home value in Raton is $148,200 — 51% below the national median of $305,000. Median rent runs $734/month, 44% lower than the national median of $1,314/month. The median household income of $52,007/year is 30% lower than the US median of $74,580. The local unemployment rate is 1.3%, below 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 66.3°F and lows of 33.2°F. Overall, Raton has a cost of living index of 51 versus the US average of 100, meaning it is 49% less expensive.
Raton 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 | 47 | 50 | 58 | 65 | 74 | 84 | 87 | 85 | 78 | 68 | 55 | 46 |
| Low °F | 14 | 18 | 23 | 31 | 40 | 49 | 54 | 53 | 45 | 34 | 22 | 14 |
| Precip" | 0.37 | 0.32 | 0.81 | 1.03 | 1.06 | 1.67 | 2.62 | 2.32 | 1.79 | 0.92 | 0.46 | 0.36 |
🏫 Schools
NCES CCD 2019 — public school district data
Frequently Asked Questions
What is the cost of living in Raton, NM?
Raton has a cost index of 51 (100 = national average). It is 49% below the national average.
What is average rent in Raton, NM?
The median gross rent in Raton is $734 per month based on 2023 Census data.
What is the average home price in Raton?
The median home value in Raton is $148,200 according to Zillow and Census data.
What is the median income in Raton?
The median household income in Raton is $52,007 per year (2023 ACS 5-year estimates).
What is the sales tax in Raton, NM?
The combined state and local sales tax rate in Raton is 7.7%. The New Mexico state income tax top rate is 5.9%.
Is Raton, NM affordable?
Yes, Raton is generally considered affordable, with a cost of living index of 51 — about 49% below the US national average of 100.
What is the weather like in Raton?
Raton has average high temperatures of 66.3°F and average lows of 33.2°F. Annual precipitation is 13.7". Data from NOAA 1991–2020 Climate Normals.
Raton at a Glance
- Population
- 6,013
- Median Income
- $52,007
- Home Value
- $148,200
- Median Rent
- $734/mo
- Unemployment
- 1.3%
- Avg High Temp
- 66.3°F
- Sales Tax
- 7.7%
Nearby Cities
Explore county-level cost of living data
New Mexico Rankings
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