Cost of Living in Tucumcari, NM
Population 5,197 · New Mexico · Data vintage 2023
(100 = US avg)
Household incomes in Tucumcari run well below national norms — a median of $39,915 versus the $74,580 US figure. Housing costs partially offset that gap (typical home values around $56,000). Around 31% of residents live below the federal poverty line, a rate that tends to correlate with the income and housing figures above.
Geographically, Tucumcari lies roughly 105 miles west of the nearest major metro, Amarillo. Median home values run roughly 70% lower than Amarillo's $187,000.
Cost Overview
Scale: 100 = US national average. Green < 90, Red > 110.
About the Cost of Living in Tucumcari
The median home value in Tucumcari is $56,400 — 82% below the national median of $305,000. Median rent runs $751/month, 43% lower than the national median of $1,314/month. The median household income of $39,915/year is 46% lower than the US median of $74,580. The local unemployment rate is 4.8%, 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 74.3°F and lows of 43.8°F. Overall, Tucumcari has a cost of living index of 34 versus the US average of 100, meaning it is 66% less expensive.
Tucumcari 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 | 54 | 58 | 66 | 74 | 83 | 93 | 95 | 93 | 86 | 74 | 62 | 53 |
| Low °F | 24 | 27 | 34 | 41 | 51 | 61 | 66 | 65 | 57 | 44 | 32 | 24 |
| Precip" | 0.40 | 0.36 | 0.84 | 0.90 | 1.40 | 1.55 | 1.94 | 2.21 | 1.37 | 1.31 | 0.55 | 0.52 |
🏫 Schools
NCES CCD 2019 — public school district data
Frequently Asked Questions
What is the cost of living in Tucumcari, NM?
Tucumcari has a cost index of 34 (100 = national average). It is 66% below the national average.
What is average rent in Tucumcari, NM?
The median gross rent in Tucumcari is $751 per month based on 2023 Census data.
What is the average home price in Tucumcari?
The median home value in Tucumcari is $56,400 according to Zillow and Census data.
What is the median income in Tucumcari?
The median household income in Tucumcari is $39,915 per year (2023 ACS 5-year estimates).
What is the sales tax in Tucumcari, NM?
The combined state and local sales tax rate in Tucumcari is 7.7%. The New Mexico state income tax top rate is 5.9%.
Is Tucumcari, NM affordable?
Yes, Tucumcari is generally considered affordable, with a cost of living index of 34 — about 66% below the US national average of 100.
What is the weather like in Tucumcari?
Tucumcari has average high temperatures of 74.3°F and average lows of 43.8°F. Annual precipitation is 13.3". Data from NOAA 1991–2020 Climate Normals.
Tucumcari at a Glance
- Population
- 5,197
- Median Income
- $39,915
- Home Value
- $56,400
- Median Rent
- $751/mo
- Unemployment
- 4.8%
- Avg High Temp
- 74.3°F
- Sales Tax
- 7.7%
Nearby Cities
Explore county-level cost of living data
New Mexico Rankings
Similar Cost Cities
Cities in other states with comparable housing costs