Vaughn, NM Cost of Living


0 Reviews



Download our custom City Report to see exclusive
data on cost of living, crime, climate, and more.

Vaughn cost of living score
70.7
Less expensive
29.3% lower
than the US average
20.0% lower
than the New Mexico average
Vaughn, New Mexico gets a BestPlaces Cost of Living score of 70.7, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 29.3% lower than the U.S. average and 20.0% higher than the average for New Mexico.

Vaughn, NM

Housing costs in Vaughn?
A typical home costs $67,500, which is 80.0% less expensive than the national average of $338,100 and 74.7% less expensive than the average New Mexico home, at $267,100. Renting a two-bedroom unit in Vaughn costs $720 per month, which is 49.7% cheaper than the national average of $1,430 and 41.7% cheaper than the state average of $1,020.

Can I afford Vaughn?
To live comfortably in Vaughn, New Mexico, a minimum annual income of $12,960 for a family, and $24,000 for a single person is recommended.

What does A.I. say about Vaughn?
Vaughn, NM offers a relatively low cost of living as compared to many other places in the US. The median home value is around $85,000, and the median household income is just under $45,000. This makes it a great option for those looking to relocate to an affordable area with a variety of amenities. Renters can expect to find average rental costs that are much lower than the national average. Grocery and utility prices also tend to stay well below the national averages, making it an attractive option for those who would like to save money on their day-to-day expenses.
   Cost of living score
     CategoriesVaughnNew MexicoUnited States
  70.788.4100.0
  87.293.3100
  84.382.6100.0
  19.184.3100.0
  $67,500$267,100$338,100
  108.8%100.4%100.0%
  68.884.6100.0
  72.685.5100.0

   100=National Average

   Average Rent by Bedroom Size
Crime
Compare Vaughn, NM cost of living
Compare food, housing, utilities, and more in Vaughn, New Mexico to any other city in the US.