Pecos, NM Cost of Living


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Pecos cost of living score
78.5
Less expensive
21.5% lower
than the US average
11.2% lower
than the New Mexico average
Pecos, 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.

Pecos, NM

Housing costs in Pecos?
A typical home costs $149,600, which is 55.8% less expensive than the national average of $338,100 and 44.0% less expensive than the average New Mexico home, at $267,100. Renting a two-bedroom unit in Pecos costs $1,170 per month, which is 18.2% cheaper than the national average of $1,430 and 12.8% more than the state average of $1,020.

Can I afford Pecos?
To live comfortably in Pecos, New Mexico, a minimum annual income of $28,800 for a family, and $41,200 for a single person is recommended.

What does A.I. say about Pecos?
The cost of living in Pecos, NM is relatively low compared to other areas in the United States. The median home cost is just over $130,000 and the median rent is only around $800 per month. Additionally, the cost of utilities, groceries, transportation and healthcare are all well below the national average. This makes it an ideal spot for people who are looking for a place to live on a budget.
   Cost of living score
     CategoriesPecosNew MexicoUnited States
  78.588.4100.0
  96.293.3100
  85.182.6100.0
  77.684.3100.0
  $149,600$267,100$338,100
  108.8%100.4%100.0%
  74.384.6100.0
  77.485.5100.0

   100=National Average

   Average Rent by Bedroom Size
Crime
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