Cost of Living in Mora County, NM

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

Median Income

$40,231

Median Rent

$560/mo

Median Home

$105,600

Affordability

542

Housing Cost Breakdown

Owning (20% down, 6.5%)

Mortgage (P&I)$534
Property Tax$49
Insurance$35

Total Monthly$618
% of Income18.4%

Renting

Median Rent$560
Renter's Insurance$25

Total Monthly$585
% of Income16.7%

Living in Mora County, New Mexico

Mora County has a median household income of $40,231 with housing costs that represent 18.4% of income for owners and 16.7% for renters. Housing costs are within the recommended 30% of income threshold.

The affordability index of 542 (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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Property and place

  • Torvanirent, buy, mortgage
  • Tavirexproperty tax, assessment, appeal
  • Veloquahomeowner insurance, premium, peril

Family and education

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.