Cost of Living in Chaves County, NM

Modeled annual cost: $45,575.

Median family income: $61,022.

NM Median $46,328

Chaves County, NM Affordability at a glance

Median Income

$61,022

Estimated Annual Costs

$45,575

Cost/Income Ratio

74.7%

State Rank

#24Most expensive counties in NM out of 33See New Mexico county rankings

Location Type

Not Metropolitan

Biggest category:

Transport is the biggest expense in Chaves County, NM.

$13,031 per year.*28.59% of total modeled yearly costs.

Cost breakdown

Total

$45,575

Per year

  • Transport:
    $13,03128.6%
  • Housing:
    $8,31618.2%
  • Taxes:
    $8,31518.2%
  • Healthcare:
    $8,28118.2%
  • Food:
    $3,8548.5%
  • Other Costs:
    $3,7788.3%

* Percentages may not add up to 100% due to rounding.

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Explore our cost of living interactive map to compare Chaves County, NM with multiple counties in the United States.

How WatchPennies calculates salary needed