Housing costs in Clovis?
A typical home costs
$144,600, which is 57.2% less expensive than the national average of
$338,100 and 45.9% less expensive than the average New Mexico home, at
$267,100. Renting a two-bedroom unit in Clovis costs
$800 per month, which is 44.1% cheaper than the national average of
$1,430 and 27.5% cheaper than the state average of
$1,020.
Can I afford Clovis?
To live comfortably in Clovis, New Mexico, a minimum annual income of
$27,720 for a family, and
$24,800 for a single person is recommended.
What does A.I. say about Clovis?
Clovis, NM is a great place for those looking to save money on cost of living. The overall cost of living index in Clovis is 88.5 which is 12.5% lower than the US average and well below other big cities in New Mexico like Albuquerque. Food costs are low with the groceries index at 86.3 and utilities being some of the lowest in the state with an index of 87.0. Transportation costs are also relatively low with an index of 90.4 compared to other cities in New Mexico. All this makes Clovis a great option for those looking to save money on living expenses while still enjoying all that New Mexico has to offer its residents.