Cost of Living in Shiprock, NM
Population 8,339 · New Mexico · Data vintage 2023
(100 = US avg)
At $41,563, median household incomes in Shiprock land roughly 44% below the US median, a gap that tends to persist across local labor-market indicators. Unemployment has stayed elevated relative to the national figure — 13.5% as of the most recent ACS release — which shows up in household-income and poverty figures as well.
Shiprock lies roughly 155 miles northwest of the nearest major metro, Rio Rancho — close enough that regional housing and labor patterns are shaped largely by the larger market. Median home values run roughly 63% lower than Rio Rancho's $273,000.
Cost Overview
Scale: 100 = US national average. Green < 90, Red > 110.
About the Cost of Living in Shiprock
The median home value in Shiprock is $101,500 — 67% below the national median of $305,000. Median rent runs $693/month, 47% lower than the national median of $1,314/month. The median household income of $41,563/year is 44% lower than the US median of $74,580. The local unemployment rate is 13.5%, 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 68.2°F and lows of 38.2°F. Overall, Shiprock has a cost of living index of 41 versus the US average of 100, meaning it is 59% less expensive.
Shiprock 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 | 43 | 50 | 60 | 67 | 77 | 89 | 93 | 90 | 82 | 69 | 55 | 43 |
| Low °F | 19 | 24 | 30 | 35 | 44 | 53 | 61 | 60 | 51 | 38 | 27 | 19 |
| Precip" | 0.72 | 0.65 | 0.60 | 0.56 | 0.53 | 0.20 | 0.63 | 0.79 | 1.06 | 0.79 | 0.66 | 0.57 |
💨 Air Quality
EPA AQS 2023 — county-level monitoring data
🏫 Schools
NCES CCD 2019 — public school district data
Frequently Asked Questions
What is the cost of living in Shiprock, NM?
Shiprock has a cost index of 41 (100 = national average). It is 59% below the national average.
What is average rent in Shiprock, NM?
The median gross rent in Shiprock is $693 per month based on 2023 Census data.
What is the average home price in Shiprock?
The median home value in Shiprock is $101,500 according to 2023 Census ACS data.
What is the median income in Shiprock?
The median household income in Shiprock is $41,563 per year (2023 ACS 5-year estimates).
What is the sales tax in Shiprock, NM?
The combined state and local sales tax rate in Shiprock is 7.7%. The New Mexico state income tax top rate is 5.9%.
Is Shiprock, NM affordable?
Yes, Shiprock is generally considered affordable, with a cost of living index of 41 — about 59% below the US national average of 100.
What is the weather like in Shiprock?
Shiprock has average high temperatures of 68.2°F and average lows of 38.2°F. Annual precipitation is 7.8". Data from NOAA 1991–2020 Climate Normals.
Shiprock at a Glance
- Population
- 8,339
- Median Income
- $41,563
- Home Value
- $101,500
- Median Rent
- $693/mo
- Unemployment
- 13.5%
- Avg High Temp
- 68.2°F
- Sales Tax
- 7.7%
Nearby Cities
Explore county-level cost of living data
New Mexico Rankings
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