Cost of Living in Vado, NM

Population 3,185 · New Mexico · Data vintage 2023

38
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Household incomes in Vado run well below national norms — a median of $29,844 versus the $74,580 US figure. Housing costs partially offset that gap (typical home values around $108,000). Around 36% of residents live below the federal poverty line, a rate that tends to correlate with the income and housing figures above.

Geographically, Vado sits roughly 15 miles southeast of Las Cruces. Median home values run roughly 50% lower than Las Cruces' $217,000.

Cost Overview

Housing 36
Rent 41

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

About the Cost of Living in Vado

The median home value in Vado is $108,300 — 64% below the national median of $305,000. Median rent runs $545/month, 59% lower than the national median of $1,314/month. The median household income of $29,844/year is 60% lower than the US median of $74,580. The local unemployment rate is 7.0%, 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 78.6°F and lows of 53.8°F, with about 2.8" of annual snowfall. Overall, Vado has a cost of living index of 38 versus the US average of 100, meaning it is 62% less expensive.

🏠 Housing

Median Home Value
$108,300
64% below avg
Zillow Home Value
$380,319
Zillow ZHVI
Median Rent
$545/mo
59% below avg
Price-to-Rent Ratio
16.6x
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 71.4%
Renter-occupied 28.6%

💰 Estimated Monthly Budget

Rent median rent
$545
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $1,159/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
27.3 min
1% above avg
Gas Price
$3.145/gal
0% below avg
Work From Home
0.6%

Commute Mode

Drove alone
83.8%
Carpooled
15.6%
Work from home
0.6%

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
$29,844
60% below avg
Per Capita Income
$14,144
Unemployment Rate
7.0%
45% above avg
Poverty Rate
35.7%
Labor Force Participation
63.5%

🎓 Education

Bachelor's degree+ 4.1%
0

👥 Demographics

Median Age 26.4
Male median age 26.6
Female median age 26.2

🌤 Climate

NOAA 1991–2020 Climate Normals

Avg High
78.6°F
Avg Low
53.8°F
Annual Precip
8.8"
Annual Snowfall
2.8"
30° 48° 65° 83° 100° JFMAMJJASOND High Low Precip
Month JanFebMarAprMayJunJulAugSepOctNovDec
High °F 596472808997969488796758
Low °F 353946536271737265544234
Precip" 0.390.400.240.170.430.731.581.671.520.590.430.63
Snow" 0.80.20.00.00.00.00.00.00.00.00.51.3

Frequently Asked Questions

What is the cost of living in Vado, NM?

Vado has a cost index of 38 (100 = national average). It is 62% below the national average.

What is average rent in Vado, NM?

The median gross rent in Vado is $545 per month based on 2023 Census data.

What is the average home price in Vado?

The median home value in Vado is $108,300 according to Zillow and Census data.

What is the median income in Vado?

The median household income in Vado is $29,844 per year (2023 ACS 5-year estimates).

What is the sales tax in Vado, NM?

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

Is Vado, NM affordable?

Yes, Vado is generally considered affordable, with a cost of living index of 38 — about 62% below the US national average of 100.

What is the weather like in Vado?

Vado has average high temperatures of 78.6°F and average lows of 53.8°F. Annual precipitation is 8.8". Average annual snowfall is 2.8". Data from NOAA 1991–2020 Climate Normals.

Vado at a Glance

Population
3,185
Median Income
$29,844
Home Value
$108,300
Median Rent
$545/mo
Unemployment
7.0%
Avg High Temp
78.6°F
Sales Tax
7.7%
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