Laguna, NM Cost of Living


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Laguna cost of living score
70.2
Less expensive
29.8% lower
than the US average
20.6% lower
than the New Mexico average
Laguna, New Mexico gets a BestPlaces Cost of Living score of 70.2, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 29.8% lower than the U.S. average and 20.6% higher than the average for New Mexico.

Laguna, NM

Housing costs in Laguna?
A typical home costs $65,000, which is 80.8% less expensive than the national average of $338,100 and 75.7% less expensive than the average New Mexico home, at $267,100. Renting a two-bedroom unit in Laguna costs $1,030 per month, which is 28.0% cheaper than the national average of $1,430 and close to the state average of $1,020.

Can I afford Laguna?
To live comfortably in Laguna, New Mexico, a minimum annual income of $12,600 for a family, and $32,400 for a single person is recommended.

What does A.I. say about Laguna?
The cost of living in Laguna, NM is generally quite affordable and reasonable. With a median home price of $105,400, housing costs are significantly lower compared to the national average, making it a great choice for retirees or people looking for an affordable place to call home. In addition, food prices are also lower than the national average. Other expenses such as utilities are also relatively low due to the area's favorable climate. Overall, residents can expect to enjoy a high quality of life on an easily manageable budget in Laguna, NM.
   Cost of living score
     CategoriesLagunaNew MexicoUnited States
  70.288.4100.0
  88.893.3100
  84.982.6100.0
  24.584.3100.0
  $65,000$267,100$338,100
  96.1%100.4%100.0%
  79.384.6100.0
  76.885.5100.0

   100=National Average

   Average Rent by Bedroom Size
Crime
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