Blanco, NM Cost of Living


0 Reviews



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

Blanco cost of living score
79.5
Less expensive
20.5% lower
than the US average
10.1% lower
than the New Mexico average
Blanco, New Mexico gets a BestPlaces Cost of Living score of 79.5, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 20.5% lower than the U.S. average and 10.1% higher than the average for New Mexico.

Blanco, NM

Housing costs in Blanco?
A typical home costs $208,600, which is 38.3% less expensive than the national average of $338,100 and 21.9% less expensive than the average New Mexico home, at $267,100. Renting a two-bedroom unit in Blanco costs $850 per month, which is 40.6% cheaper than the national average of $1,430 and 20.0% cheaper than the state average of $1,020.

Can I afford Blanco?
To live comfortably in Blanco, New Mexico, a minimum annual income of $39,960 for a family, and $28,800 for a single person is recommended.

What does A.I. say about Blanco?
The cost of living in Blanco, NM is relatively low compared to the national average. The median home value in Blanco is $91,700 which is much lower than the median home value of $184,700 nationwide. In addition, housing costs are 20% cheaper and transportation costs 11% cheaper when compared to the U.S. average. Groceries also tend to be slightly cheaper in Blanco with an overall cost of living index 10% lower than the United States average. All these factors make Blanco a great place to live for those looking for an affordable lifestyle without sacrificing quality of life.
   Cost of living score
     CategoriesBlancoNew MexicoUnited States
  79.588.4100.0
  92.593.3100
  83.882.6100.0
  46.684.3100.0
  $208,600$267,100$338,100
  99.6%100.4%100.0%
  86.984.6100.0
  78.785.5100.0

   100=National Average

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