New Mexico Household Bills

New Mexico bills are $3,123 per year lower than the US average.

New Mexico, situated in the southwestern United States, is known for its diverse landscapes, including deserts, mountains, and rich Native American and Hispanic cultural influences.

New Mexico is home to an estimated 2,114,371 residents1 with over 956,778 housing units.2

On average, households in New Mexico spend $1,866 per month, or $22,389 per year on bills.

1 U.S. Census Bureau, population estimate Jul. 2023 (V2023)

2 U.S. Census Bureau, population estimate Jul. 2022 (V2022)

New Mexico rank #40 most expensive State in the U.S.

Household bills 38% of average annual income

Household expenses 12.2% lower than U.S. average

Average income $59,217 in New Mexico