Cost of Living in Luna County, NM

What does it cost to live in Luna County? Income, housing, and affordability breakdown.

Median Income

$38,241

Median Rent

$572/mo

Median Home

$100,900

Affordability

536

Housing Cost Breakdown

Owning (20% down, 6.5%)

Mortgage (P&I)$510
Property Tax$50
Insurance$34

Total Monthly$594
% of Income18.6%

Renting

Median Rent$572
Renter's Insurance$25

Total Monthly$597
% of Income17.9%

Living in Luna County, New Mexico

Luna County has a median household income of $38,241 with housing costs that represent 18.6% of income for owners and 17.9% for renters. Housing costs are within the recommended 30% of income threshold.

The affordability index of 536 (100 = median income perfectly covers median housing costs) gives a quick snapshot. Use our calculator for a comprehensive comparison across counties, including taxes, utilities, healthcare, and commute costs.

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Other Counties in New Mexico

County-level data from U.S. Census Bureau American Community Survey (ACS) 2022 5-Year Estimates. Additional sources: Bureau of Labor Statistics, Bureau of Economic Analysis. Estimates are county-level medians. This is not financial advice.