Chamita, NM Cost of Living


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Chamita cost of living score
82.4
Less expensive
17.6% lower
than the US average
6.8% lower
than the New Mexico average
Chamita, New Mexico gets a BestPlaces Cost of Living score of 82.4, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 17.6% lower than the U.S. average and 6.8% higher than the average for New Mexico.

Chamita, NM

Housing costs in Chamita?
A typical home costs $223,900, which is 33.8% less expensive than the national average of $338,100 and 16.2% less expensive than the average New Mexico home, at $267,100. Renting a two-bedroom unit in Chamita costs $770 per month, which is 46.2% cheaper than the national average of $1,430 and 32.5% cheaper than the state average of $1,020.

Can I afford Chamita?
To live comfortably in Chamita, New Mexico, a minimum annual income of $42,840 for a family, and $26,800 for a single person is recommended.

What does A.I. say about Chamita?
The cost of living in Chamita, NM is relatively low compared to the national average. According to the most recent data from Bestplaces.net, the overall cost of living index in Chamita is 81.7, which is 19.3 points lower than the US average of 100. This means that it typically costs less to live in Chamita than many other locations in the country. Additionally, housing prices are extremely affordable; according to Zillow the median home price for homes in Chamita is just $82,600. For those on a limited budget, this makes Chamita an ideal place to call home!
   Cost of living score
     CategoriesChamitaNew MexicoUnited States
  82.488.4100.0
  97.193.3100
  85.082.6100.0
  67.584.3100.0
  $223,900$267,100$338,100
  99.9%100.4%100.0%
  83.484.6100.0
  77.085.5100.0

   100=National Average

   Average Rent by Bedroom Size
Crime
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