Cost of Living in Taos County, NM

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

Median Income

$55,145

Median Rent

$982/mo

Median Home

$313,400

Affordability

256

Housing Cost Breakdown

Owning (20% down, 6.5%)

Mortgage (P&I)$1,585
Property Tax$104
Insurance$104

Total Monthly$1,793
% of Income39%

Renting

Median Rent$982
Renter's Insurance$25

Total Monthly$1,007
% of Income21.4%

Living in Taos County, New Mexico

Taos County has a median household income of $55,145 with housing costs that represent 39% of income for owners and 21.4% for renters. Housing costs exceed the recommended 30% threshold, suggesting affordability challenges.

The affordability index of 256 (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.