Willard, NM Cost of Living


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Willard cost of living score
78.5
Less expensive
21.5% lower
than the US average
11.2% lower
than the New Mexico average
Willard, New Mexico gets a BestPlaces Cost of Living score of 78.5, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 21.5% lower than the U.S. average and 11.2% higher than the average for New Mexico.

Willard, NM

Housing costs in Willard?
A typical home costs $111,900, which is 66.9% less expensive than the national average of $338,100 and 58.1% less expensive than the average New Mexico home, at $267,100. Renting a two-bedroom unit in Willard 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 Willard?
To live comfortably in Willard, New Mexico, a minimum annual income of $21,600 for a family, and $29,600 for a single person is recommended.

What does A.I. say about Willard?
The cost of living in Willard, NM is quite reasonable compared to other places in the country. Groceries and housing are both fairly affordable with median home prices being around $90,000. Healthcare costs and taxes are also relatively low compared to the national average and there is no state income tax. The overall cost of living index for Willard, NM is 83, which is 17 points lower than the national average. This makes it a great place to live if you're looking for affordability without having to sacrifice quality of life.
   Cost of living score
     CategoriesWillardNew MexicoUnited States
  78.588.4100.0
  88.593.3100
  78.582.6100.0
  25.884.3100.0
  $111,900$267,100$338,100
  111.0%100.4%100.0%
  102.084.6100.0
  77.285.5100.0

   100=National Average

   Average Rent by Bedroom Size
Crime
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