Rent Affordability for An Electrician in New Mexico

A typical electrician in New Mexico earns about $62,910 a year, which supports approximately $1,573 a month in rent under the 30% rule. Below, every tracked New Mexico city is ranked by how local rent compares against that affordability ceiling.

As of May 2026. 9 of 17 cities tracked stay within the 30% rule; 8 are rent-burdened on this salary.

CityMedian rent% of incomeAffordability
Portales, NM$975/mo18.6%very comfortable
Roswell, NM$1,273/mo24.3%affordable
Clovis, NM$1,272/mo24.3%affordable
Farmington, NM$1,304/mo24.9%affordable
Las Cruces, NM$1,435/mo27.4%affordable
Hobbs, NM$1,439/mo27.4%affordable
Silver City, NM$1,463/mo27.9%affordable
Albuquerque, NM$1,473/mo28.1%affordable
Alamogordo, NM$1,562/mo29.8%affordable
Carlsbad, NM$1,654/mo31.5%stretched
Santa Teresa, NM$1,670/mo31.9%stretched
Ruidoso, NM$1,700/mo32.4%stretched
Rio Rancho, NM$1,875/mo35.8%stretched
Santa Fe, NM$1,882/mo35.9%stretched
Los Lunas, NM$2,015/mo38.4%stretched
Artesia, NM$2,583/mo49.3%rent-burdened
Los Alamos, NM$2,749/mo52.4%severely rent-burdened
Methodology: Salary is the BLS-derived state estimate for New Mexico. Rent is the latest ZORI monthly value for each city. Affordability uses the 30% rule (rent ≤ 30% of gross income).