Cost of Living in Chaves County, NM

Modeled annual cost: $45,575.

Median family income: $61,022.

Affordability Snapshot

NM County Median

$46,328

State Rank

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

Median Income

$61,022

Location Type

Not Metropolitan

Biggest category:

Transport is the biggest expense in Chaves County, NM.

$13,031 per year.

Cost breakdown

Total

$45,575

Per year

  • Transport:$13,031
  • Housing:$8,316
  • Taxes:$8,315
  • Healthcare:$8,281
  • Food:$3,854
  • Other Costs:$3,778
  • Childcare:$0

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

Cheaper counties in New Mexico

1Luna County, NM
$42,974
2Sierra County, NM
$43,139
3Torrance County, NM
$43,450
4Bernalillo County, NM
$43,985
5Otero County, NM
$44,122

Popular comparisons in New Mexico

See how Chaves County, NM compares across the country.

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

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Cost of Living in Chaves County, NM (2026)