Cost of living in Chaves County, NM
Population 64,446 · Last updated May 21, 2026
Cost breakdown
Single person, by category, per month.
Rent in Chaves County
Fair Market Rents by bedroom count.
Source: HUD FMR FY2025
Income and earnings in Chaves County
Annual earnings figures from the Census ACS.
Source: ACS 2019-2023 5-Year.
Home values in Chaves County
Average values reported by homeowners.
Source: ACS 2019-2023 5-Year
Energy costs in Chaves County
Estimated monthly electricity and gas costs.
Source: EIA
Healthcare in Chaves County
Insurance premiums and coverage rates.
Source: ACS + national avg. Marketplace benchmark premiums are second-lowest Silver plan estimates and do not reflect employer plans, subsidies, or out-of-pocket costs. This is not healthcare advice.
Taxes in Chaves County
State and local tax rates for New Mexico.
Tax rates change. Consult a qualified tax professional for advice on your specific situation. This is not tax advice.
Transportation in Chaves County
Commute patterns and estimated costs.
Source: ACS
Monthly cost estimates for Chaves County
What it costs to live in Chaves County each month.
- Rent $737
- Energy $130
- Water $60
- Groceries $326
- Transport $320
- Healthcare $480
- Federal tax $378
- State tax $112
- Rent $953
- Energy $156
- Water $70
- Groceries $540
- Transport $420
- Healthcare $864
- Federal tax $522
- State tax $189
- Rent $1,234
- Energy $195
- Water $85
- Groceries $820
- Transport $520
- Healthcare $1,350
- Childcare $1,200
- Federal tax $522
- State tax $189
Frequently asked questions about Chaves County
Common questions about cost of living, rent and salary.
What is the average rent in Chaves County?
In Chaves County, NM, a one-bedroom apartment averages $737 per month, a two-bedroom averages $953 per month, a three-bedroom averages $1,234 per month, according to HUD Fair Market Rent data.
What is the average salary in Chaves County?
In Chaves County, NM, the average household income is $52,029 per year and individual earnings for full-time workers average $33,152 per year, according to U.S. Census Bureau data.
What is the cost of living in Chaves County?
The estimated cost of living in Chaves County, NM is approximately $2,543 per month for a single person, $3,714 for a couple, $6,115 for a family. This includes rent, utilities, groceries, transportation, healthcare, and taxes.
What is the sales tax rate in Chaves County?
The combined sales tax rate in Chaves County, NM is 7.72%, which includes the New Mexico state rate of 5.00% plus an average local rate of 2.72%.
Is Chaves County an affordable place to live?
Based on the data, a single person in Chaves County, NM would need approximately $2,543 per month to cover rent, utilities, food, transport, healthcare, and taxes. The average household income is $52,029 per year ($4,336 per month). Chaves County has a moderate cost of living relative to local earnings.
How much does healthcare cost in Chaves County?
The ACA marketplace benchmark premium in Chaves County, NM is approximately $480 per month for an individual. Approximately 9.4% of residents are uninsured. Actual costs vary based on employer coverage, plan type, and individual circumstances.
What are house prices in Chaves County?
The average home value in Chaves County, NM is $141,900, with average annual property taxes of $915, according to U.S. Census Bureau data.
How does Chaves County compare to other areas?
You can compare Chaves County, NM with any other US county using our comparison tool at /compare. Chaves County is in the Roswell, NM metro area.
Other counties in New Mexico
Browse the full list of counties in New Mexico, ranked by cost of living.
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About this data
All figures on this page come from official U.S. government sources, listed below.
- HUD FMR FY2025
- ACS 2019-2023 5-Year
- EIA
- ACS + national avg
- ACS
- USDA + BEA RPP