States › New Mexico › Alamogordo

Is Alamogordo, NM expensive to live in?

OKRent takes 24 cents of every $1 people earn here.
🏠 Rent per month (2026)$1,22530% lower than U.S. average
💵 Families earn per year (2026)$60,344about $5,029/month · 31% lower than U.S. average
🔑 House price$172,90048% lower than U.S. average

Rent is lower than in 74% of U.S. cities. A typical house costs under 3 years of household income, which is easy by U.S. standards. Commutes are short, about 17.9 minutes.

How much money do I need?

To rent here comfortably, you should earn about $49,000 a year. That is $24 an hour at a full-time job.

Is rent cheaper than other New Mexico cities?

No. Rent here is more expensive than in most of New Mexico. It is number 27 of 44 cities from cheapest to most expensive.

Alamogordo
$1,225
$1,050
$1,061
$1,242
$1,135

How much do households earn in Alamogordo?

Under $25k
17.7%
$25k–50k
30.3%
$50k–100k
30.7%
$100k–150k
12.3%
$150k+
3.3%

Share of households by yearly income. 15.6% of households earn $100,000 or more.

Rent by apartment size in Alamogordo

SizeAlamogordoU.S. average
Studio$542$1,338
1 bedroom$776$1,324
2 bedrooms$896$1,509
3 bedrooms$1,371$1,698
4 bedrooms$1,819$2,098

Median monthly rent plus utilities for all renters, by number of bedrooms.

How expensive is Alamogordo overall?

Everyday prices in New Mexico overall are 8% below the U.S. average (index 92.2, U.S. = 100).

Housing
74
Goods (food, clothes…)
96
Utilities
78
Other services
99
U.S. average
100

Source: U.S. Bureau of Economic Analysis, Regional Price Parities 2024. City-level data is not published for Alamogordo, so the New Mexico figure is shown.

Taxes and bills in Alamogordo

🏛️ Property tax$1,133a year · 0.66% of home value · U.S. $3,119
⚡ Electric bill$122a month (typical) · U.S. $156

Life in Alamogordo

Commute to work17.9 minU.S.: 26.4 min
College degree25.5%U.S.: 35.7%
Own their home61.6%U.S.: 65.2%
Below poverty line16.6%U.S.: 12.5%
Unemployment7.5%U.S.: 5.2%

Is it cheaper to rent or buy in Alamogordo?

About the same. Renting and owning cost within $25 of each other each month.

Renting
$1,225
Owning
$1,200

Owning assumes a typical $172,900 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $17,290 for the down payment.

Frequently asked questions

What is the average rent in Alamogordo, NM?

Renting in Alamogordo costs a median of about $1,225 a month in 2026, including utilities. The New Mexico median is $1,181.

How much do I need to make to live in Alamogordo?

To keep rent under 30% of income, you need about $49,000 a year, or $24 an hour at a full-time job.

Is Alamogordo cheap or expensive?

Alamogordo is rated OK: rent takes 24.4% of the typical household income of $60,344. It ranks 27th cheapest of 44 New Mexico cities we track.

How much are property taxes in Alamogordo?

The median homeowner in Alamogordo pays $1,133 a year in property taxes, about 0.66% of the median home value.

Is Alamogordo more expensive than the national average?

Overall prices in New Mexico are 8% below the U.S. average, according to the U.S. Bureau of Economic Analysis.

How much does a house cost in Alamogordo?

The median home value in Alamogordo is $172,900, about 2.9 times the typical yearly household income.

31,307 people live in Alamogordo. Numbers are typical (middle) values.