Bare Bones Budget

Measuring the minimum income families need for living at the bare bones level in New Mexico

Purpose
To offer a more accurate measure of poverty from which policymakers can base criteria for economic development and support services.

Description
Supporting our most vulnerable economically disadvantaged families is a core goal of NM Voices. It has long been agreed by many working in the direct services and advocacy realm that the official federal poverty level (FPL) – the matrix that determines whether families qualify for social services like food stamps – is too low. The formula was created in the 1960s and was based on what was then a family’s largest expense – food. Today, however, many other family expenditures – such as housing, childcare and college tuition – have outpaced the inflation level for consumer good such as groceries. To get a more realistic measure of poverty, many advocates double the FPL. In other words, a family living at 200 percent of the FPL is still considered low income.

To get an even more accurate picture of what it costs to get by in New Mexico, we produced the Bare Bones Budget. Based on actual family costs for four different family configurations living in 52 New Mexico communities, the Bare Bones Budget can highlight community-specific economic factors contributing to the local cost of living and measure policy effectiveness at lifting families out of poverty. More than 1,000 monetary amounts are tabulated covering eight expenditure categories.

History
The Bare Bones Budget was released July 8, 2003, with support from the Daniels Fund, the New Mexico Commission on the Status of Women and the New Mexico Human Needs Coordinating Council. It is still used by researchers, grant writers, and other advocates.

Bare Bones Budget (Summary) (pdf)

Bare Bones Budget (Full Report) (pdf)

Bare Bones Budget (PowerPoint Presentation) (pdf)

Community Summaries
Appendix 11 of the Full Report is available for each of the 52 surveyed communities below. (Sorry, the Portales appendix is no longer available)

 
Demographic Page
Budgetary Spreadsheet
Alamogordo
Albuquerque
Anthony
Artesia
Belen
Bloomfield
Carlsbad
Carrizozo
Chama
Clayton
Clovis
Crownpoint
Cuba
Datil
Deming
Des Moines
Espanola
Farmington
Fort Sumner
Gallup
Glenwood
Grants
Hatch
Hobbs
Las Cruces
Las Vegas
Lordsburg
Los Alamos
Los Lunas
Moriarty
Quemado
Questa
Raton
Reserve
Rio Rancho
Roswell
Roy
Ruidoso
Santa Fe
Santa Rosa
Shiprock
Silver City
Socorro
Springer

Taos

To'hajiillee
T or C
Tucumcari
Tularosa
Vaughn
Wagon Mound

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