Sunland Park, NM

Very Low · 59

New Mexico · Population 17,085 · Updated March 2026

$770
Median Rent / Month
$52,147
Median Income
$194,900
Median Home Value
$897
Owner Costs / Month

Affordability

How far your income goes in Sunland Park

17.7%
Rent-to-Income Ratio
Affordable
Rent takes less than 25% of median income — considered affordable by HUD standards.

Tax Burden in New Mexico

State-level tax rates that affect your costs

5.9%
Income Tax (Top Rate)
5.0%
Sales Tax
0.67%
Property Tax Rate

Estimated Annual Costs

$9,240
Annual Rent
$3,077
State Income Tax
$1,306
Property Tax (est.)

Cost of Living Overview

Sunland Park is significantly cheaper than the national average, making it an attractive option for budget-conscious individuals and families. With a cost index of 59 (where 100 equals the national median), Sunland Park residents can expect to pay median rent of $770/month while earning a median household income of $52,147/year.

The median home value in Sunland Park, NM is $194,900, with typical monthly owner costs around $897 including mortgage, insurance, and taxes. The median rent-to-income ratio of 17.7% means housing is relatively affordable here — well below the 30% threshold that HUD considers cost-burdened.

New Mexico has a moderate income tax rate of 5.9%. Combined with a 5.0% sales tax rate and 0.67% effective property tax rate, the overall tax environment is a factor in the total cost of living in Sunland Park.

Frequently Asked Questions

Common questions about living costs in Sunland Park

What is the cost of living in Sunland Park, NM?
The cost of living index in Sunland Park, NM is 59 (US average = 100). Median monthly rent is $770, median household income is $52,147/year, and the median home value is $194,900.
Is Sunland Park, NM affordable?
Yes, Sunland Park is more affordable than the national average with a cost index of 59. The rent-to-income ratio is 17.7%—below the 30%% threshold considered affordable by HUD.
What is the average rent in Sunland Park, NM?
The median gross rent in Sunland Park, NM is $770 per month according to the US Census Bureau ACS 2023 data. Annual rent costs approximately $9,240.
What is the median household income in Sunland Park?
The median household income in Sunland Park, NM is $52,147 per year. This compares to the national median of approximately $80,000.
What are the taxes like in New Mexico?
New Mexico has a top income tax rate of 5.9%, a sales tax of 5.0%, and an effective property tax rate of 0.67%.