Living in Red River, New Mexico, is not as expensive as the national average, but it is slightly more costly than the average for the state of New Mexico.
The total annual cost for a single adult to cover necessities such as housing, food, child care, transportation, health care, taxes, and other essential expenses in Red River is $34,051.
To provide a clearer perspective, here's how Red River's cost of living compares:
Location | Annual Cost of Living (Single Adult) |
---|---|
Red River, New Mexico | $34,051 |
New Mexico State Average | $32,228 |
National Average | $38,433 |
As the table illustrates, while Red River's cost of living is approximately $1,823 higher than the New Mexico state average, it remains about $4,382 lower than the national average. This suggests that while it may be pricier than some other areas within New Mexico, it generally offers a more affordable lifestyle compared to many places across the United States.