US5 cost
Cost of living in New Mexico
Statewide planning ranges using BEA regional price parities. Not appraisals, bids, or tax advice. Prices here run 8% below the U.S. average (RPP 92.2, U.S. = 100).
- Residential electricity
- 14.12¢ / kWh
- 2026
- Regional price parity
- 92.2
- U.S. = 100 · 2024
Use the 6 sample home jobs for a quick scan, then open any of the 38 statewide guides. Each guide keeps this state’s RPP and lets you type a ZIP for a tighter band. Pair this page with New Mexico salaries if you are comparing pay to living costs.
Common home jobs in New Mexico
Roof replacement (asphalt shingle, typical single-family)
$5,072 – $20,286
8% below the U.S. average
Central AC replacement (condenser + coil ballpark)
$3,227 – $11,065
8% below the U.S. average
Water heater replacement (tank, standard install)
$830 – $2,582
8% below the U.S. average
Fence install (wood privacy, ~150–200 linear ft)
$2,305 – $8,299
8% below the U.S. average
Window replacement (per average vinyl window, installed)
$369 – $1,291
8% below the U.S. average
Pest control / general exterminator (initial + first year ballpark)
$138 – $830
8% below the U.S. average
Home
Contractor ballparks for roofs, HVAC, and common home projects.
Life
Planning ranges for moving, storage, funerals, and filings.
Auto
Typical shop ranges for brakes, tires, oil, and batteries.
Health
National cash-pay ranges for common imaging — not insurance quotes.
National calculators: Cost hub · Money hub