Cliff, NM Cost of Living


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Cliff cost of living score
75.1
Less expensive
24.9% lower
than the US average
15.0% lower
than the New Mexico average
Cliff, New Mexico gets a BestPlaces Cost of Living score of 75.1, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 24.9% lower than the U.S. average and 15.0% higher than the average for New Mexico.

Cliff, NM

Housing costs in Cliff?
A typical home costs $242,200, which is 28.4% less expensive than the national average of $338,100 and 9.3% less expensive than the average New Mexico home, at $267,100. Renting a two-bedroom unit in Cliff costs $1,060 per month, which is 25.9% cheaper than the national average of $1,430 and 3.8% more than the state average of $1,020.

Can I afford Cliff?
To live comfortably in Cliff, New Mexico, a minimum annual income of $46,440 for a family, and $36,400 for a single person is recommended.

What does A.I. say about Cliff?
The cost of living in Cliff, NM is relatively low, with many amenities being inexpensive compared to other towns and cities. The average cost for housing in the town is around $80,000 while the median income for a family of four is just under $50,000. Groceries and essentials are also very reasonable with the overall cost of living being lower than the US average. With its close proximity to Albuquerque and Santa Fe, residents are able to take advantage of all that those larger cities have to offer without having to pay inflated prices. Additionally, there are no taxes on food or income making it a great place for families looking for an affordable place to live.
   Cost of living score
     CategoriesCliffNew MexicoUnited States
  75.188.4100.0
  94.493.3100
  85.382.6100.0
  66.884.3100.0
  $242,200$267,100$338,100
  99.6%100.4%100.0%
  68.484.6100.0
  95.485.5100.0

   100=National Average

   Average Rent by Bedroom Size
Crime
Compare Cliff, NM cost of living
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