doxoINSIGHTS
Compare Cost of Bills in
State
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Date:
Last 12 months
New Mexico Cost of Living
Household Bills in New Mexico are 22% lower than the U.S. median
New Mexico
78COBI Graphic
Cost of Bills Index (COBI)
Trend Change Down
22% below national median
Household bills expense per month including housing.
$1,635 per monthThe median household in New Mexico pays $1,635 per month, or $19,620 per year on bills.
$5,554 per year lowerNew Mexico household bills are $5,554 per year lower than the U.S median of $25,174.
#44 most expensiveNew Mexico is the #44 most expensive state in the U.S. for household bills.
30% of incomeHousehold bills account for 30% of annual household income of $64,715 in New Mexico.
Trend Change Down
22% lower than national median for monthly payments.