Cost of Living in Las Cruces, NM
Population: 112,612 • 2026 Data
$55,176
Median Household Income
-29% vs national
$946
Median Monthly Rent
-30% vs national
$217,400
Median Home Value
-36% vs national
7.4%
Unemployment Rate
Housing in Las Cruces
The median home value in Las Cruces, NM is $217,400. Monthly rent for a typical unit averages $946, while total monthly housing costs (including utilities and insurance) average $974.
Rent-to-income ratio: 20.6%. This is within the recommended 30% threshold, suggesting housing is relatively affordable for median-income earners.
Income and Employment
The median household income in Las Cruces, NM is $55,176. The unemployment rate stands at 7.4%, with a labor force of 54,188 people.
Data Sources
All data from the US Census Bureau American Community Survey 5-Year Estimates. National median figures used for comparison context.