Vado, NM Cost of Living


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Vado cost of living score
83.5
Less expensive
16.5% lower
than the US average
5.5% lower
than the New Mexico average
Vado, New Mexico gets a BestPlaces Cost of Living score of 83.5, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 16.5% lower than the U.S. average and 5.5% higher than the average for New Mexico.

Vado, NM

Housing costs in Vado?
A typical home costs $228,900, which is 32.3% less expensive than the national average of $338,100 and 14.3% less expensive than the average New Mexico home, at $267,100. Renting a two-bedroom unit in Vado costs $900 per month, which is 37.1% cheaper than the national average of $1,430 and 13.3% cheaper than the state average of $1,020.

Can I afford Vado?
To live comfortably in Vado, New Mexico, a minimum annual income of $43,920 for a family, and $31,200 for a single person is recommended.

What does A.I. say about Vado?
The cost of living in Vado, NM is quite affordable. Prices for groceries and other everyday items are generally lower than the national average, and housing costs tend to be very reasonable. The median home price in Vado is just under $98,000, making it a great place to look for an affordable place to live. In addition, the area is served by several major highways that make it easy to commute to larger cities like El Paso or Santa Fe. All in all, Vado is an ideal place for those looking for an affordable place to settle down and call home.
   Cost of living score
     CategoriesVadoNew MexicoUnited States
  83.588.4100.0
  90.393.3100
  86.682.6100.0
  63.684.3100.0
  $228,900$267,100$338,100
  96.6%100.4%100.0%
  78.084.6100.0
  92.685.5100.0

   100=National Average

   Average Rent by Bedroom Size
Crime
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