Cost of Living in Torrance County, NM
Modeled annual cost: $43,450.
Median family income: $65,100.
NM Median $46,328
Torrance County, NM Affordability at a glance
Median Income
$65,100Estimated Annual Costs
$43,450Cost/Income Ratio
66.7%Location Type
MetroBiggest category:
Transport is the biggest expense in Torrance County, NM.
$14,002 per year.*32.23% of total modeled yearly costs.
Cost breakdown
Total
$43,450
Per year
- Transport:$14,00232.2%
- Housing:$8,34619.2%
- Taxes:$7,78717.9%
- Healthcare:$5,34012.3%
- Food:$4,1089.5%
- Other Costs:$3,8678.9%
* Percentages may not add up to 100% due to rounding.
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