Cost of Living in Corrales, NM
Overall index: 140 (100 = US national average). Data source: US Census ACS 2023 & BLS OEWS 2025, 2025.
Overall Cost of Living Index
Cost Breakdown by Category
| Category | Index | vs US avg | Sample cost |
|---|---|---|---|
| Housing | 158 | +58% | $829 |
| Transportation | 105 | +5% | $3.50 |
| Food | 153 | +53% | $627 |
| Utilities | 129 | +29% | $284 |
| Healthcare | 129 | +29% | $205 |
Index 100 = US national average. Higher = more expensive.
Cost breakdown (visual)
Salary Calculator: What do you need to earn in Corrales?
A single adult living comfortably in Corrales, NM needs approximately $49,000 / year after taxes.
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Frequently Asked Questions
What is the cost of living in Corrales, NM?
The overall cost of living in Corrales, NM is 40% higher than the US national average (index: 140 where 100 = national average).
How much is rent in Corrales, NM?
Average rent for a 1-bedroom apartment in Corrales, NM is about $829/month.
Is Corrales, NM expensive to live in?
Yes, Corrales, NM is considered expensive (index above national average).
What salary do I need to live in Corrales, NM?
A single adult needs roughly $49,000/year to cover basic living costs in Corrales, NM.