Rodeo, NM Cost of Living


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Rodeo cost of living score
73.3
Less expensive
26.7% lower
than the US average
17.1% lower
than the New Mexico average
Rodeo, New Mexico gets a BestPlaces Cost of Living score of 73.3, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 26.7% lower than the U.S. average and 17.1% higher than the average for New Mexico.

Rodeo, NM

Housing costs in Rodeo?
A typical home costs $113,300, which is 66.5% less expensive than the national average of $338,100 and 57.6% less expensive than the average New Mexico home, at $267,100. Renting a two-bedroom unit in Rodeo costs $870 per month, which is 39.2% cheaper than the national average of $1,430 and 17.2% cheaper than the state average of $1,020.

Can I afford Rodeo?
To live comfortably in Rodeo, New Mexico, a minimum annual income of $21,600 for a family, and $28,000 for a single person is recommended.

What does A.I. say about Rodeo?
The cost of living in Rodeo, NM is relatively low compared to other cities in the United States. The median home price sits at around $103,400, which is significantly lower than the national average of $213,000. Additionally, electricity and natural gas costs are below the national average and transportation expenses remain affordable. In terms of groceries, most items remain close to or slightly lower than the US average. However, healthcare prices tend to be higher than other cities in the country due to limited access to medical facilities. All-in-all, Rodeo is an inexpensive place to live with a quality of life that many find attractive.
   Cost of living score
     CategoriesRodeoNew MexicoUnited States
  73.388.4100.0
  92.293.3100
  85.682.6100.0
  38.184.3100.0
  $113,300$267,100$338,100
  103.3%100.4%100.0%
  73.384.6100.0
  72.685.5100.0

   100=National Average

   Average Rent by Bedroom Size
Crime
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