Dexter, NM Cost of Living


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Dexter cost of living score
71.2
Less expensive
28.8% lower
than the US average
19.5% lower
than the New Mexico average
Dexter, New Mexico gets a BestPlaces Cost of Living score of 71.2, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 28.8% lower than the U.S. average and 19.5% higher than the average for New Mexico.

Dexter, NM

Housing costs in Dexter?
A typical home costs $163,700, which is 51.6% less expensive than the national average of $338,100 and 38.7% less expensive than the average New Mexico home, at $267,100. Renting a two-bedroom unit in Dexter costs $780 per month, which is 45.5% cheaper than the national average of $1,430 and 30.8% cheaper than the state average of $1,020.

Can I afford Dexter?
To live comfortably in Dexter, New Mexico, a minimum annual income of $31,320 for a family, and $23,600 for a single person is recommended.

What does A.I. say about Dexter?
Dexter, NM is a great place to live with affordable cost of living. Although prices for goods and services are slightly higher than the US average, housing costs in Dexter are much more reasonable. The median home value is around $87,500 which is significantly lower than the national average. In addition, utilities such as electricity, gas, and water are also cheaper than the US average. The cost of groceries is about the same as in other areas but overall Dexter has a very reasonable cost of living that can help people stretch their budget further.
   Cost of living score
     CategoriesDexterNew MexicoUnited States
  71.288.4100.0
  90.993.3100
  87.082.6100.0
  37.784.3100.0
  $163,700$267,100$338,100
  86.7%100.4%100.0%
  71.784.6100.0
  79.085.5100.0

   100=National Average

   Average Rent by Bedroom Size
Crime
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