Escondida, NM Cost of Living


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United States / New Mexico / No Metro Area / Socorro County / Escondida / Zip Codes

Escondida cost of living score
72.9
Less expensive
27.1% lower
than the US average
17.5% lower
than the New Mexico average
Escondida, New Mexico gets a BestPlaces Cost of Living score of 72.9, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 27.1% lower than the U.S. average and 17.5% higher than the average for New Mexico.

Escondida, NM

Housing costs in Escondida?
A typical home costs $172,400, which is 49.0% less expensive than the national average of $338,100 and 35.5% less expensive than the average New Mexico home, at $267,100. Renting a two-bedroom unit in Escondida costs $800 per month, which is 44.1% cheaper than the national average of $1,430 and 27.5% cheaper than the state average of $1,020.

Can I afford Escondida?
To live comfortably in Escondida, New Mexico, a minimum annual income of $33,120 for a family, and $24,000 for a single person is recommended.

What does A.I. say about Escondida?
The cost of living in Escondida, NM is very affordable. Housing prices are reasonable and the overall cost of goods and services is lower than many other parts of the country. The median home price is around $155,000, which is a bargain when compared to larger cities in New Mexico or other states. Groceries, utilities, gas and other necessities are all quite affordable as well. In addition, there are plenty of free activities available such as outdoor recreation and cultural events. All of this makes Escondida a great place to live for those looking for an affordable lifestyle without sacrificing quality of life.
   Cost of living score
     CategoriesEscondidaNew MexicoUnited States
  72.988.4100.0
  92.493.3100
  85.582.6100.0
  46.984.3100.0
  $172,400$267,100$338,100
  105.1%100.4%100.0%
  67.384.6100.0
  72.685.5100.0

   100=National Average

   Average Rent by Bedroom Size
Crime
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