Cost of Living in Carlsbad, NM
Population: 31,813 • 2026 Data
$78,277
Median Household Income
+1% vs national
$1,206
Median Monthly Rent
-11% vs national
$187,900
Median Home Value
-45% vs national
4.4%
Unemployment Rate
Housing in Carlsbad
The median home value in Carlsbad, NM is $187,900. Monthly rent for a typical unit averages $1,206, while total monthly housing costs (including utilities and insurance) average $911.
Rent-to-income ratio: 18.5%. This is within the recommended 30% threshold, suggesting housing is relatively affordable for median-income earners.
Income and Employment
The median household income in Carlsbad, NM is $78,277. The unemployment rate stands at 4.4%, with a labor force of 15,359 people.
Data Sources
All data from the US Census Bureau American Community Survey 5-Year Estimates. National median figures used for comparison context.