Cost of Living in Tucumcari
Tucumcari's cost of living centers on genuinely affordable housing and a real, low property tax bill in dollar terms, offset by New Mexico's statewide-elevated homeowners insurance costs.
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Learn moreGenuinely affordable housing, disclosed with its real spread
Zillow's average home value ran $82,667 (down 9.8% YoY), though separate sources cite figures up to $299,000 -- a real, disclosed spread this record does not resolve to one number (base record).
A real, low property tax bill in dollar terms
Quay County's median annual property tax bill runs just $308 -- far below the $2,400 national median -- even though Tucumcari's own effective rate (0.96%) runs modestly above a separate Ownwell-cited NM statewide median (0.85%) (base record).
New Mexico's real, moderate 5.9% top state income tax
New Mexico's real, current six-bracket income tax (1.5%-5.9%, tax year 2026) and partial, income-capped Social Security exemption apply in Tucumcari as statewide (base record).
New Mexico's real, elevated statewide homeowners insurance
New Mexico's statewide homeowners insurance average runs $3,324-$4,308/year, well above the national average -- a real, disclosed cost applying in Tucumcari (base record).
Key takeaways
- Tucumcari's housing runs genuinely affordable, though a real, disclosed price spread spans $82,667-$299,000 across sources.
- Quay County's median annual property tax bill ($308) runs far below the national median despite a modestly above-statewide-anchor rate.
- New Mexico's 5.9% top state income tax (2026) applies statewide, including in Tucumcari.
- New Mexico's statewide homeowners insurance ($3,324-$4,308/year) is a real, disclosed elevated cost.
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