CostIndexUSA

Des Moines, IA vs Las Cruces, NM Cost of Living

Data: BEA Regional Price Parities · Census ACS · 2024

IA
Des Moines
91.7
overall index
$1,250/mo rent
More AffordableNM
Las Cruces
90.2
overall index
$1,375/mo rent

Las Cruces is slightly cheaper than Des Moines — 1.6% lower overall cost of living.

To match an $80,000 salary in Des Moines, you would need $78,700 in Las Cruces. Calculate your salary ↓

Category Breakdown

Index values: 100 = U.S. national average. Higher = more expensive.

🏠 Housing25.6%
Des Moines
84.7
Las Cruces
63
🛒 Groceries+2.6%
Des Moines
93.7
Las Cruces
96.1
🚗 Transportation+6.0%
Des Moines
97.6
Las Cruces
103.5
🏥 Healthcare+6.0%
Des Moines
88.3
Las Cruces
93.6
Utilities7.9%
Des Moines
84.6
Las Cruces
77.9

Salary Equivalency Calculator

Enter your current salary in Des Moines to see what you'd need to earn in Las Cruces to maintain the same purchasing power.

$
Equivalent salary in Las Cruces, NM
$78,700
$1,300 less needed in Las Cruces

Formula: salary × (90.2 ÷ 91.7) = salary × 0.9836. Based on BEA Regional Price Parities.

Housing Market

Des Moines, IA

Median Home Price
$285,000
Median Monthly Rent
$1,250
Housing Index
84.7
Price-to-Rent Ratio
19.0×

Las Cruces, NM

Median Home Price
$282,000
Median Monthly Rent
$1,375
Housing Index
63
Price-to-Rent Ratio
17.1×

Des Moines has 25.6% lower housing costs compared to Las Cruces.

Income & Job Market

Des Moines, IA

Median Household Income
$82,700
Per Capita Income
$47,100
Unemployment Rate
3.1%
Population
214,237
Top Industries
FinanceInsuranceHealthcareGovernmentManufacturing

Las Cruces, NM

Median Household Income
$56,500
Per Capita Income
$32,200
Unemployment Rate
5.6%
Population
111,385
Top Industries
EducationGovernmentHealthcareMilitaryRetail

Affordability at a Glance

Income-to-rent ratio: higher is better (more income relative to housing costs).

Des Moines, IA
5.5×income-to-rent ratio

82% of income left after rent (median)

Las Cruces, NM
3.4×income-to-rent ratio

71% of income left after rent (median)

Data Sources: Bureau of Economic Analysis (BEA) Regional Price Parities 2024; U.S. Census Bureau American Community Survey (ACS); Bureau of Labor Statistics (BLS) Local Area Unemployment Statistics; Zillow Research.

Cost indices use 100 as the U.S. national average. Values above 100 indicate costs above the national average. Data is updated annually.

This data is for informational purposes only and should not be used as the sole basis for relocation or financial decisions.