Cedar Hill, NM Cost of Living


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Cedar Hill cost of living score
79.5
Less expensive
20.5% lower
than the US average
10.1% lower
than the New Mexico average
Cedar Hill, New Mexico gets a BestPlaces Cost of Living score of 79.5, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 20.5% lower than the U.S. average and 10.1% higher than the average for New Mexico.

Cedar Hill, NM

Housing costs in Cedar Hill?
A typical home costs $267,900, which is 20.8% less expensive than the national average of $338,100 and 0.3% more expensive than the average New Mexico home, at $267,100. Renting a two-bedroom unit in Cedar Hill costs $930 per month, which is 35.0% cheaper than the national average of $1,430 and 9.7% cheaper than the state average of $1,020.

Can I afford Cedar Hill?
To live comfortably in Cedar Hill, New Mexico, a minimum annual income of $51,480 for a family, and $31,200 for a single person is recommended.

What does A.I. say about Cedar Hill?
Cedar Hill, NM is an affordable place to live. The cost of living is lower than the national average, with housing costing around 80% of the U.S. average. Utilities are also considerably lower than other parts of the country, averaging 26% below the national median. Food prices are very reasonable as well, with a meal for two at an inexpensive restaurant averaging just $20. With these low prices and all the great amenities Cedar Hill has to offer, it makes it a great place for anyone looking for a more affordable area to call home.
   Cost of living score
     CategoriesCedar HillNew MexicoUnited States
  79.588.4100.0
  94.493.3100
  83.882.6100.0
  110.284.3100.0
  $267,900$267,100$338,100
  95.2%100.4%100.0%
  87.284.6100.0
  78.585.5100.0

   100=National Average

   Average Rent by Bedroom Size
Crime
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