Cost of Living in Lovington, NM
Overall index: 73 (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 | 47 | -53% | $744 |
| Transportation | 108 | +8% | $3.50 |
| Food | 90 | -10% | $369 |
| Utilities | 74 | -26% | $85 |
| Healthcare | 74 | -26% | $61 |
Index 100 = US national average. Higher = more expensive.
Cost breakdown (visual)
Salary Calculator: What do you need to earn in Lovington?
A single adult living comfortably in Lovington, NM needs approximately $25,550 / year after taxes.
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Frequently Asked Questions
What is the cost of living in Lovington, NM?
The overall cost of living in Lovington, NM is 27% lower than the US national average (index: 73 where 100 = national average).
How much is rent in Lovington, NM?
Average rent for a 1-bedroom apartment in Lovington, NM is about $744/month.
Is Lovington, NM expensive to live in?
No, Lovington, NM is affordable (below national average).
What salary do I need to live in Lovington, NM?
A single adult needs roughly $25,550/year to cover basic living costs in Lovington, NM.