Cost of living in Colfax County, NM
Population 12,336 · Last updated May 21, 2026
Cost breakdown
Single person, by category, per month.
Rent in Colfax County
Fair Market Rents by bedroom count.
Source: HUD FMR FY2025
Income and earnings in Colfax County
Annual earnings figures from the Census ACS.
Source: ACS 2019-2023 5-Year.
Home values in Colfax County
Average values reported by homeowners.
Source: ACS 2019-2023 5-Year
Energy costs in Colfax County
Estimated monthly electricity and gas costs.
Source: EIA
Healthcare in Colfax 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 Colfax 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 Colfax County
Commute patterns and estimated costs.
Source: ACS
Monthly cost estimates for Colfax County
What it costs to live in Colfax County each month.
- Rent $843
- Energy $130
- Water $60
- Groceries $326
- Transport $250
- Healthcare $480
- Federal tax $319
- State tax $98
- Rent $933
- Energy $156
- Water $70
- Groceries $540
- Transport $350
- Healthcare $864
- Federal tax $532
- State tax $192
- Rent $1,247
- Energy $195
- Water $85
- Groceries $820
- Transport $450
- Healthcare $1,350
- Childcare $1,200
- Federal tax $532
- State tax $192
Frequently asked questions about Colfax County
Common questions about cost of living, rent and salary.
What is the average rent in Colfax County?
In Colfax County, NM, a one-bedroom apartment averages $843 per month, a two-bedroom averages $933 per month, a three-bedroom averages $1,247 per month, according to HUD Fair Market Rent data.
What is the average salary in Colfax County?
In Colfax County, NM, the average household income is $52,690 per year and individual earnings for full-time workers average $29,583 per year, according to U.S. Census Bureau data.
What is the cost of living in Colfax County?
The estimated cost of living in Colfax County, NM is approximately $2,506 per month for a single person, $3,637 for a couple, $6,071 for a family. This includes rent, utilities, groceries, transportation, healthcare, and taxes.
What is the sales tax rate in Colfax County?
The combined sales tax rate in Colfax County, NM is 7.72%, which includes the New Mexico state rate of 5.00% plus an average local rate of 2.72%.
Is Colfax County an affordable place to live?
Based on the data, a single person in Colfax County, NM would need approximately $2,506 per month to cover rent, utilities, food, transport, healthcare, and taxes. The average household income is $52,690 per year ($4,391 per month). Colfax County has a moderate cost of living relative to local earnings.
How much does healthcare cost in Colfax County?
The ACA marketplace benchmark premium in Colfax County, NM is approximately $480 per month for an individual. Approximately 7.8% of residents are uninsured. Actual costs vary based on employer coverage, plan type, and individual circumstances.
What are house prices in Colfax County?
The average home value in Colfax County, NM is $161,000, with average annual property taxes of $927, according to U.S. Census Bureau data.
How does Colfax County compare to other areas?
You can compare Colfax County, NM with any other US county using our comparison tool at /compare. Colfax County is in New Mexico.
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