Virden, NM Cost of Living


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United States / New Mexico / No Metro Area / Hidalgo County / Virden / Zip Codes

Virden cost of living score
73.3
Less expensive
26.7% lower
than the US average
17.1% lower
than the New Mexico average
Virden, 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.

Virden, NM

Housing costs in Virden?
A typical home costs $200,900, which is 40.6% less expensive than the national average of $338,100 and 24.8% less expensive than the average New Mexico home, at $267,100. Renting a two-bedroom unit in Virden costs $730 per month, which is 49.0% cheaper than the national average of $1,430 and 39.7% cheaper than the state average of $1,020.

Can I afford Virden?
To live comfortably in Virden, New Mexico, a minimum annual income of $38,520 for a family, and $23,600 for a single person is recommended.

What does A.I. say about Virden?
The cost of living in Virden, NM is relatively low compared to other parts of the country. According to Sperling's Best Places, the average cost of living index for Virden is 72.6, which is significantly lower than the national average of 100. Housing costs are particularly low in Virden with an average home value at around $75,000. Other costs such as utilities and groceries are also lower than the national average, making Virden a great place for those looking to save money on everyday expenses.
   Cost of living score
     CategoriesVirdenNew MexicoUnited States
  73.388.4100.0
  9093.3100
  85.682.6100.0
  44.584.3100.0
  $200,900$267,100$338,100
  104.2%100.4%100.0%
  73.184.6100.0
  72.885.5100.0

   100=National Average

   Average Rent by Bedroom Size
Crime
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