Can A Carpenter Afford Rent in Silver City, NM?
Comfortably affordable — rent takes 29.5% of gross income.
Silver City rent: June 2026. Salary: BLS OEWS May 2024 (New Mexico state estimate).
About rent and a carpenter salary
Carpenter pay sits modestly above the US median household income and covers comfortable rent in most lower- and mid-cost metros. Union carpenters in high-cost cities often earn well above the BLS mean. At the national-average carpenter salary, the 30% rule supports about $1,524 a month in rent.
Cheaper rent nearby
These New Mexico cities have lower median rent than Silver City, which improves the affordability math on a carpenter salary:
Compare with full rent data for Silver City
View full rent data for Silver City, NM →Frequently asked questions
Can a carpenter afford rent in Silver City, NM?
Median rent in Silver City is $1,350 a month. A typical carpenter in New Mexico earns about $54,846 a year, which makes that rent 29.5% of gross monthly income. Under the 30% rule, the answer is yes.
How much rent can a carpenter afford in Silver City?
Using the 30% rule, a carpenter salary in New Mexico (~$54,846/yr) supports up to $1,371 a month in rent. Silver City's current median rent is $1,350/mo, which leaves a $21/mo buffer.
How many hours does a carpenter work to cover rent in Silver City?
At an hourly equivalent of about $26 an hour, a carpenter in New Mexico works roughly 51.2 hours a month to cover Silver City's median rent of $1,350.
Where is rent cheaper than Silver City for a carpenter?
Nearby New Mexico cities with lower median rent include Hobbs ($1,349/mo), Hobbs ($1,347/mo), Las Cruces ($1,346/mo). Each shifts the affordability math materially on a carpenter salary.