salaryRent is higher than in 52% 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 17.7 minutes.
How much money do I need?
To rent here comfortably, you should earn about $67,480 a year. That is $32 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 40 of 44 cities from cheapest to most expensive.
How much do households earn in Artesia?
Share of households by yearly income. 30.2% of households earn $100,000 or more.
Rent by apartment size in Artesia
| Size | Artesia | U.S. average |
|---|---|---|
| 1 bedroom | $1,403 | $1,324 |
| 2 bedrooms | $658 | $1,509 |
| 3 bedrooms | $1,546 | $1,698 |
Median monthly rent plus utilities for all renters, by number of bedrooms.
How expensive is Artesia overall?
Everyday prices in New Mexico overall are 8% below the U.S. average (index 92.2, U.S. = 100).
Source: U.S. Bureau of Economic Analysis, Regional Price Parities 2024. City-level data is not published for Artesia, so the New Mexico figure is shown.
Taxes and bills in Artesia
Life in Artesia
Is it cheaper to rent or buy in Artesia?
Buying is cheaper month to month: about $95 a month less than renting.
Owning assumes a typical $229,400 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $22,940 for the down payment.
Frequently asked questions
What is the average rent in Artesia, NM?
Renting in Artesia costs a median of about $1,687 a month in 2026, including utilities. The New Mexico median is $1,181.
How much do I need to make to live in Artesia?
To keep rent under 30% of income, you need about $67,480 a year, or $32 an hour at a full-time job.
Is Artesia cheap or expensive?
Artesia is rated OK: rent takes 25.1% of the typical household income of $80,796. It ranks 40th cheapest of 44 New Mexico cities we track.
How much are property taxes in Artesia?
The median homeowner in Artesia pays $1,138 a year in property taxes, about 0.50% of the median home value.
Is Artesia 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 Artesia?
The median home value in Artesia is $229,400, about 2.8 times the typical yearly household income.
12,576 people live in Artesia. Numbers are typical (middle) values.