Mayhill, NM Cost of Living


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Mayhill cost of living score
75.2
Less expensive
24.8% lower
than the US average
14.9% lower
than the New Mexico average
Mayhill, New Mexico gets a BestPlaces Cost of Living score of 75.2, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 24.8% lower than the U.S. average and 14.9% higher than the average for New Mexico.

Mayhill, NM

Housing costs in Mayhill?
A typical home costs $288,200, which is 14.8% less expensive than the national average of $338,100 and 7.9% more expensive than the average New Mexico home, at $267,100. Renting a two-bedroom unit in Mayhill 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 Mayhill?
To live comfortably in Mayhill, New Mexico, a minimum annual income of $55,080 for a family, and $28,000 for a single person is recommended.

What does A.I. say about Mayhill?
The cost of living in Mayhill, NM is fairly low compared to other cities and towns. Groceries, entertainment, and transportation costs are all quite affordable in the area. Additionally, housing costs are relatively low due to the small population size. The average home price in Mayhill is around $100,000 and rental prices are also quite reasonable. The overall cost of living in Mayhill is well below that of the national average, making it a great option for those looking to stretch their budget while still enjoying all that the town has to offer.
   Cost of living score
     CategoriesMayhillNew MexicoUnited States
  75.288.4100.0
  94.993.3100
  86.882.6100.0
  72.184.3100.0
  $288,200$267,100$338,100
  102.4%100.4%100.0%
  69.184.6100.0
  77.985.5100.0

   100=National Average

   Average Rent by Bedroom Size
Crime
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