Cost of Living in San Miguel County, New Mexico
At a Glance
Rent burden measured as median gross rent as a percentage of renter household income (Census ACS B25071)
These figures are county medians, not a personal budget. Use them to frame rent, ownership, and income tradeoffs, then account for household size, commute, financing, insurance, taxes, debt, and local availability before making a decision.
How San Miguel County Compares
Median monthly rent comparison
Detailed Housing Stats
National Ranking
Affordability Rank
San Miguel County ranks #703 of 3,142 counties for affordability (top 22%)
Sourced county brief
San Miguel County Median Rent-to-Income Percentage Higher Than State Mean
In San Miguel County, the official median gross rent as a percentage of household income (GRAPI) was estimated at 34.1%. This figure is 5.7 percentage points higher than the New Mexico unweighted county mean of 28.4%. The median gross rent in the county is $823, compared to the state unweighted county mean of $905. Median renter-household income is $18,283. For owner-occupied housing units, the median home value is $188,500, which is below the state unweighted county mean of $192,727. Median selected monthly owner costs for all units are $583, below the state unweighted county mean of $711. The rent-to-income percentage of 34.1% is the official GRAPI estimate provided by the Census Bureau. See ACS table B25071 for the underlying estimate.
Source record
- U.S. Census Bureau ACS 2020-2024 5-Year Estimates — B25064 Median Gross Rent
- U.S. Census Bureau ACS 2020-2024 5-Year Estimates — B25071 GRAPI
- U.S. Census Bureau ACS 2020-2024 5-Year Estimates — B25077 Median Home Value
- U.S. Census Bureau ACS 2020-2024 5-Year Estimates — B25088 Selected Monthly Owner Costs
- U.S. Census Bureau ACS 2020-2024 5-Year Estimates — B25119 Household Income by Tenure
Data version acs5-2020-2024 · Method cost-brief-v1
Cost of Living Advisory: San Miguel County
Affordability Verdict
ACS B25071 estimates median gross rent at 34.1% of renter household income in San Miguel County, which is between the 30% and 50% rent-burden benchmarks. This is a median percentage among renter-occupied units, not the share of households above a threshold.
Rent vs. Own
Median gross rent is $823 per month; median selected monthly owner costs are $583. These ACS medians describe different tenure groups and are not a personalized rent-versus-buy calculation.
Income Needed
Using the common 30% budgeting benchmark, $32,920 in annual gross income would allocate 30% to the county's median gross rent. This is a reproducible illustration, not evidence that a particular household can afford housing.
Regional Context
The New Mexico unweighted mean of county median rents is $905 per month. San Miguel County's $823 median is 9.0% below that comparison value.
Data version acs5-2020-2024 · Method cost-advisory-v2
Affordability Calculator
See how your income compares to housing costs in San Miguel County
Rent Burden
20.0%
of gross income
Max Housing (28% Rule)
$1,153
per month
Owner Cost Burden
14.2%
of gross income
The median home in San Miguel County may be a stretch
Median home value is $188,500. Estimated monthly cost: $1,505 vs. your max of $1,153.
Rent Affordability Guide
Income Needed Calculator
See how much you need to earn to comfortably afford housing
$0/yr
Needed to stay within recommended threshold
$0/yr
Needed to stay within recommended threshold
$0/yr
Needed to stay within recommended threshold
Based on the 30% rule for rent and 28% rule for housing costs (mortgage + owner costs). Mortgage estimate assumes 20% down, 7.2% interest, 30-year fixed.
Frequently Asked Questions
What is the cost of living in San Miguel County, New Mexico?
What is the median rent in San Miguel County?
Is San Miguel County affordable?
How does San Miguel County's rent compare to the state average?
What is the median home value in San Miguel County?
Counties with Similar Housing Costs
Planning a Move?
Researching the cost of living in San Miguel County, New Mexico? Compare moving quotes from top providers and save on your relocation.
Compare Moving QuotesCompare Mortgage Rates in San Miguel County
Whether you're buying in San Miguel County, New Mexico, or refinancing, compare rates from top lenders using the terms each lender provides.
See Today's RatesData: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2020-2024). Data is informational only and is not personalized financial advice.
CostByCounty participates in affiliate programs. We may earn a commission when you use our links, at no extra cost to you.