Manzano Springs, NM Cost of Living


0 Reviews



Download our custom City Report to see exclusive
data on cost of living, crime, climate, and more.

Manzano Springs cost of living score
78.5
Less expensive
21.5% lower
than the US average
11.2% lower
than the New Mexico average
Manzano Springs, New Mexico gets a BestPlaces Cost of Living score of 78.5, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 21.5% lower than the U.S. average and 11.2% higher than the average for New Mexico.

Manzano Springs, NM

Housing costs in Manzano Springs?
A typical home costs $163,300, which is 51.7% less expensive than the national average of $338,100 and 38.9% less expensive than the average New Mexico home, at $267,100. Renting a two-bedroom unit in Manzano Springs costs $1,310 per month, which is 8.4% cheaper than the national average of $1,430 and 22.1% more than the state average of $1,020.

Can I afford Manzano Springs?
To live comfortably in Manzano Springs, New Mexico, a minimum annual income of $31,320 for a family, and $45,600 for a single person is recommended.

What does A.I. say about Manzano Springs?
The cost of living in Manzano Springs, NM is relatively low compared to other areas of the US. The median home price for a single-family home is $138,100, which is more affordable than many other regions. Additionally, utilities costs are also lower than average at just over $100 per month. Residents can save even more by taking advantage of the abundant local activities and attractions that are free or low-cost such as the Manzano Springs State Park, various hiking trails, and nearby ski resorts. All in all, Manzano Springs offers an affordable lifestyle with plenty of natural beauty and outdoor activities to enjoy year-round.
   Cost of living score
     CategoriesManzano SpringsNew MexicoUnited States
  78.588.4100.0
  97.993.3100
  78.582.6100.0
  46.984.3100.0
  $163,300$267,100$338,100
  107.8%100.4%100.0%
  102.084.6100.0
  77.785.5100.0

   100=National Average

   Average Rent by Bedroom Size
Crime
Compare Manzano Springs, NM cost of living
Compare food, housing, utilities, and more in Manzano Springs, New Mexico to any other city in the US.