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Carlsbad-Artesia, NM

Cost of living in Eddy County, NM

Estimated monthly cost
$2,995/mo
for a single person, all categories combined

Population 61,114 · Last updated May 21, 2026

Cost breakdown

Single person, by category, per month.

Rent $931 31%
Federal tax $584 19%
Healthcare $480 16%
Groceries $326 11%
Transport $320 11%
State tax $164 5%
Energy $130 4%
Water $60 2%

Rent in Eddy County

Fair Market Rents by bedroom count.

Studio
$750
per month
1 bedroom
$931
per month
2 bedroom
$1,031
per month
3 bedroom
$1,379
per month
4 bedroom
$1,484
per month

Source: HUD FMR FY2025

Income and earnings in Eddy County

Annual earnings figures from the Census ACS.

Household income
$79,605
per year
Individual earnings
$45,764
per year
Per capita
$37,698
per year

Source: ACS 2019-2023 5-Year.

Home values in Eddy County

Average values reported by homeowners.

Average home value
$199,400
Annual property tax
$995

Source: ACS 2019-2023 5-Year

Energy costs in Eddy County

Estimated monthly electricity and gas costs.

Electricity
$92
per month · 15.4¢/kWh
Natural gas
$38
per month
Annual total
$1,560
per year

Source: EIA

Healthcare in Eddy County

Insurance premiums and coverage rates.

Individual premium
$480
per month
Family premium
$1,350
per month
Uninsured rate
9.2%

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 Eddy County

State and local tax rates for New Mexico.

State income tax
5.9%
Top marginal rate
State sales tax
5.0%
Combined sales tax
7.7%
incl. average local

Tax rates change. Consult a qualified tax professional for advice on your specific situation. This is not tax advice.

Transportation in Eddy County

Commute patterns and estimated costs.

Average commute
19.9 min
Drive alone
82.1%
Public transit
0.3%
Work from home
6.2%

Source: ACS

Monthly cost estimates for Eddy County

What it costs to live in Eddy County each month.

Single person
$2,995
per month
  • Rent $931
  • Energy $130
  • Water $60
  • Groceries $326
  • Transport $320
  • Healthcare $480
  • Federal tax $584
  • State tax $164
Couple
$4,356
per month
  • Rent $1,031
  • Energy $156
  • Water $70
  • Groceries $540
  • Transport $420
  • Healthcare $864
  • Federal tax $973
  • State tax $302
Family
$6,824
per month
  • Rent $1,379
  • Energy $195
  • Water $85
  • Groceries $820
  • Transport $520
  • Healthcare $1,350
  • Childcare $1,200
  • Federal tax $973
  • State tax $302

Frequently asked questions about Eddy County

Common questions about cost of living, rent and salary.

What is the average rent in Eddy County?

In Eddy County, NM, a one-bedroom apartment averages $931 per month, a two-bedroom averages $1,031 per month, a three-bedroom averages $1,379 per month, according to HUD Fair Market Rent data.

What is the average salary in Eddy County?

In Eddy County, NM, the average household income is $79,605 per year and individual earnings for full-time workers average $45,764 per year, according to U.S. Census Bureau data.

What is the cost of living in Eddy County?

The estimated cost of living in Eddy County, NM is approximately $2,995 per month for a single person, $4,356 for a couple, $6,824 for a family. This includes rent, utilities, groceries, transportation, healthcare, and taxes.

What is the sales tax rate in Eddy County?

The combined sales tax rate in Eddy County, NM is 7.72%, which includes the New Mexico state rate of 5.00% plus an average local rate of 2.72%.

Is Eddy County an affordable place to live?

Based on the data, a single person in Eddy County, NM would need approximately $2,995 per month to cover rent, utilities, food, transport, healthcare, and taxes. The average household income is $79,605 per year ($6,634 per month). Eddy County is relatively affordable compared to the national average.

How much does healthcare cost in Eddy County?

The ACA marketplace benchmark premium in Eddy County, NM is approximately $480 per month for an individual. Approximately 9.2% of residents are uninsured. Actual costs vary based on employer coverage, plan type, and individual circumstances.

What are house prices in Eddy County?

The average home value in Eddy County, NM is $199,400, with average annual property taxes of $995, according to U.S. Census Bureau data.

How does Eddy County compare to other areas?

You can compare Eddy County, NM with any other US county using our comparison tool at /compare. Eddy County is in the Carlsbad-Artesia, NM metro area.

Other counties in New Mexico

Browse the full list of counties in New Mexico, ranked by cost of living.

See all counties in New Mexico

Compare Eddy County with another area

Put two counties side by side to see how rent, taxes and everyday costs stack up.

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