Home Improvement Costs in New Mexico
New Mexico has a cost index of 92, ranking #33 out of 50 states for home service costs. Expect to pay about 8% less than the national average.
What This Means For You
Example: $10,000 project
National Average
$10,000
New Mexico
$9,200
New Mexico offers lower-than-average costs for home services, making it a more affordable state for home improvement projects.
Top Cities in New Mexico
Compare to Neighboring States
Popular Calculators for New Mexico
Roof Replacement Cost Calculator
Estimate roof replacement costs in your area. Get a personalized cost range based on your project details and local labor rates.
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Roof Replacement Cost Estimator
Estimate roof replacement project costs. Get a cost range based on project scope and complexity.
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Roof Replacement Material Calculator
Calculate materials needed for roof replacement. Get quantity estimates for your project.
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Roof Replacement Labor Cost Calculator
Estimate labor costs for roof replacement. Understand the labor portion of your project cost.
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Roof Replacement Financing Calculator
Calculate monthly payments for financing roof replacement. See different loan term options.
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Roof Replacement ROI Calculator
Calculate return on investment for roof replacement. See payback period and energy savings.
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Roof Replacement Timeline Calculator
Estimate project timeline for roof replacement. See how long your project will take.
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Roof Replacement Permit Cost Calculator
Estimate permit fees for roof replacement. Understand required permits and inspection costs.
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Roof Replacement Maintenance Cost Calculator
Estimate ongoing maintenance costs for roof replacement. Plan for long-term care and repairs.
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Asphalt Shingle Roof Replacement Cost Calculator
Estimate roof replacement costs in your area. Get a personalized cost range based on your project details and local labor rates. Specific to asphalt shingle. Most common. 20-30 year lifespan. Budget-friendly
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Asphalt Shingle Roof Replacement Cost Estimator
Estimate roof replacement project costs. Get a cost range based on project scope and complexity. Specific to asphalt shingle. Most common. 20-30 year lifespan. Budget-friendly
Get New Mexico pricing →
Asphalt Shingle Roof Replacement Material Calculator
Calculate materials needed for roof replacement. Get quantity estimates for your project. Specific to asphalt shingle. Most common. 20-30 year lifespan. Budget-friendly
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Frequently Asked Questions
What is New Mexico's cost index?
New Mexico's cost index is 92. This means home improvement services cost about 8% less than the national average.
How does New Mexico rank compared to other states?
New Mexico ranks #33 out of 50 states for home service costs (1 = most expensive). A $10,000 national-average project would cost approximately $9,200 in New Mexico.
About Home Improvement Costs in New Mexico
New Mexico's cost index of 92 reflects the overall expense of home improvement and repair services compared to the national average of 100. This index accounts for local labor rates, material costs, permit fees, and regional economic factors.
New Mexico offers more affordable home service pricing than many other states. Lower labor costs and cost of living contribute to savings of approximately 8% compared to national averages.
Tips for New Mexico homeowners:
- Get at least 3 quotes from local contractors for any project
- Check contractor licenses and insurance requirements for New Mexico
- Consider seasonal timing - some projects are cheaper in off-peak seasons
- Use our calculators to estimate costs before getting quotes