Photo: Billy Hathorn at en.wikipedia · CC BY-SA 3.0

–Not graded

Cost of living in Springer · Census 2020–24 · HUD 2026

Renting in Springer: a two-bedroom costs about $970

Springer is too small for a cost of living grade (TownRatings grades places of 1,000 or more).

How TownRatings grades cost of living

Typical home value

$87K

NM $248K

Estimate

Homes sold

in September 2026 · 3 for sale

2-bedroom rent

$970

a month, utilities in · HUD

Median tax bill

$821

NM $1,731

Only 0 sales in September 2026: in a market this size, monthly medians swing a lot, so the typical value is the steadier guide.

What kind of housing town is Springer?

Read from the numbers below. The page puts what stands out first.

Your money goes further65% below the New Mexico typical home.A high tax rateAbout 0.94% of a home’s value a year, vs 0.70% across New Mexico.

Cost of living grade

Why Springer isn’t graded

The grade needs at least two of four Census figures: home value, rent, property tax and the share of households paying 30% or more for housing.

–Home pricesCensus figure available

–Property taxCensus figure available

–Households stretched127 renter households (the grade needs 200)

–Rent$501 median (Census)

How TownRatings grades cost of living →

Renting

A two-bedroom rents for about $970

Renters already here pay a median of $501, so moving in tends to cost more than staying put.

Fair Market Rent a month, utilities included

Studio$730

1 bedroom$890

2 bedrooms$970

3 bedrooms$1,300

4 bedrooms$1,570

29%

of households rent · NM 30%

127

renter households

53%

of renters spend 30%+ of income on rent · NM 50%

23%

of the median income, for a two-bedroom

$501

median rent paid today · Census

U.S. Department of Housing and Urban Development, Fair Market Rents by ZIP code (Colfax County, NM): the 40th-percentile rent plus utilities for a standard unit. Median rent and renters: U.S. Census Bureau, American Community Survey.

Property taxes

Low tax bills, but a high tax rate

The median bill is $821, under the New Mexico median of $1,731, because homes cost less. As a share of value it’s 0.94% a year, against 0.70% statewide.

$821

median bill a year · NM $1,731

0.94%

of a home’s value a year · NM 0.70%

Census American Community Survey 2020–24: the median real-estate tax bill homeowners report, and that bill ÷ the median home value. Bills include town, school and county taxes. The Census reports bills over $10,000 only as “$10,000+”.

Next door

Springer and its neighbors

One source per column.

Cost next door · one source per column

Town	Cost	Typical home Zillow, latest	Median value Census 2020–24	Tax rate bill ÷ value	2-bed rent HUD 2026
Springer	–	—	$87K	0.94%	$970

“—” under Cost: not graded (too little Census data, or under 1,000 residents). “—” under Zillow: Zillow publishes no value for that town, so it’s left blank rather than mixed with Census figures.

Questions about the cost of living in Springer

How much is rent in Springer?

HUD puts a two-bedroom at about $970 a month with utilities, the going rate for someone moving in. Renters already here pay a median of $501 (Census 2020–24).

What are property taxes in Springer?

The median bill is $821 a year, 0.94% of the median home value (New Mexico: $1,731, 0.70%), from the Census 2020–24.

Why doesn’t Springer have a cost of living grade?

Springer is too small for a cost of living grade (TownRatings grades places of 1,000 or more).

Neighbors talk housing

What Springer buyers, sellers and renters are saying.

Town Square →

Start the conversation

Home values: Zillow Home Value Index (ZHVI), Zillow Research. Sales, days on market and supply: Redfin Data Center, September 2026. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. Fair Market Rents: U.S. Department of Housing and Urban Development. The calculator is an estimate, not a loan offer. Regional price levels: BEA; electricity: EIA. How TownRatings grades cost of living.

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