salaryRent here is among the lowest 10% of all U.S. cities. A typical house costs under 3 years of household income, which is easy by U.S. standards. Commutes are short, about 8.2 minutes.
How much money do I need?
To rent here comfortably, you should earn about $29,840 a year. That is $14 an hour at a full-time job.
Is rent cheaper than other New Mexico cities?
Yes. Rent here is cheaper than in most of New Mexico. It is number 6 of 44 cities from cheapest to most expensive.
How much do households earn in Tucumcari?
Share of households by yearly income. 13.1% of households earn $100,000 or more.
Rent by apartment size in Tucumcari
| Size | Tucumcari | U.S. average |
|---|---|---|
| Studio | $285 | $1,338 |
| 1 bedroom | $663 | $1,324 |
| 2 bedrooms | $902 | $1,509 |
| 3 bedrooms | $1,172 | $1,698 |
Median monthly rent plus utilities for all renters, by number of bedrooms.
How expensive is Tucumcari 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 Tucumcari, so the New Mexico figure is shown.
Taxes and bills in Tucumcari
Life in Tucumcari
Is it cheaper to rent or buy in Tucumcari?
Buying is cheaper month to month: about $301 a month less than renting.
Owning assumes a typical $64,100 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $6,410 for the down payment.
Frequently asked questions
What is the average rent in Tucumcari, NM?
Renting in Tucumcari costs a median of about $746 a month in 2026, including utilities. The New Mexico median is $1,181.
How much do I need to make to live in Tucumcari?
To keep rent under 30% of income, you need about $29,840 a year, or $14 an hour at a full-time job.
Is Tucumcari cheap or expensive?
Tucumcari is rated OK: rent takes 26.1% of the typical household income of $34,344. It ranks 6th cheapest of 44 New Mexico cities we track.
How much are property taxes in Tucumcari?
The median homeowner in Tucumcari pays $501 a year in property taxes, about 0.78% of the median home value.
Is Tucumcari 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 Tucumcari?
The median home value in Tucumcari is $64,100, about 1.9 times the typical yearly household income.
5,160 people live in Tucumcari. Numbers are typical (middle) values.