Cost of Living
Affordable living in southwestern New Mexico
Living Cost Overview
Grant County offers an attractive cost of living profile, with overall expenses approximately 13% below the national average. This affordability, combined with the region's high quality of life, makes it an appealing location for families, professionals, and retirees.
The most significant savings come in housing costs, which are nearly 30% below the national average. Other expenses, including groceries, healthcare, transportation, and utilities, are moderately lower than national benchmarks.
*Cost of living indices are based on a US average of 100. An amount below 100 means Grant County is less expensive than the US average.
Cost of Living Indices*
Comparison to US average (100)
Cost Advantages
Key factors contributing to Grant County's affordability
Affordable Housing
Housing costs significantly below national average, with median home prices around $180,000 and typical rent for a 2-bedroom apartment around $750-900.
Reasonable Utilities
Moderate utility costs, with some savings from abundant sunshine for solar opportunities and mild climate reducing heating/cooling needs.
Healthcare Access
Quality healthcare through Gila Regional Medical Center and various clinics at competitive rates compared to metropolitan areas.
Recreation & Culture
Abundant free or low-cost recreational and cultural activities, from hiking in the Gila Wilderness to attending community events and festivals.
Housing Market
Grant County's housing market offers exceptional value compared to national and many regional markets. The median home price is approximately $180,000, with options ranging from historic downtown properties to modern suburban homes and rural estates.
Rental properties are similarly affordable, with typical monthly rates for two-bedroom apartments ranging from $750 to $900, depending on location and amenities.
Daily Expenses
Beyond housing, residents enjoy reasonable costs for daily necessities:
- Groceries: Slightly below national average, with options ranging from national chain supermarkets to local farmers' markets
- Dining: Affordable restaurant options with meals typically costing 10-15% less than national averages
- Transportation: Lower fuel costs than many areas, with minimal traffic and shorter commutes reducing overall transportation expenses
- Healthcare: Quality care at competitive rates through local providers
Quality of Life Value
Perhaps the greatest value proposition is the combination of affordability with quality of life. Residents enjoy access to world-class outdoor recreation, a vibrant arts and cultural scene, and a strong sense of community—benefits that would come at a premium cost in many other locations.