Hachita, NM Cost of Living


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Hachita cost of living score
75.1
Less expensive
24.9% lower
than the US average
15.0% lower
than the New Mexico average
Hachita, 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.

Hachita, NM

Housing costs in Hachita?
A typical home costs $186,900, which is 44.7% less expensive than the national average of $338,100 and 30.0% less expensive than the average New Mexico home, at $267,100. Renting a two-bedroom unit in Hachita costs $730 per month, which is 49.0% cheaper than the national average of $1,430 and 39.7% cheaper than the state average of $1,020.

Can I afford Hachita?
To live comfortably in Hachita, New Mexico, a minimum annual income of $35,640 for a family, and $24,800 for a single person is recommended.

What does A.I. say about Hachita?
The cost of living in Hachita, NM is quite affordable. The median home value is $117,700 and the median household income is $55,625. Renters can expect to pay an average of $600 a month for a two-bedroom apartment. Utility costs are also relatively low due to the town's location in an arid desert climate, allowing residents to enjoy easier access to affordable energy sources and lower utility bills overall. With its small population and few restaurants or amenities in town, Hachita has a very low cost of living compared to other places in New Mexico. This makes it an ideal place for those looking for a more affordable setting that still offers plenty of outdoor recreation opportunities and scenic beauty.
   Cost of living score
     CategoriesHachitaNew MexicoUnited States
  75.188.4100.0
  89.493.3100
  85.382.6100.0
  49.984.3100.0
  $186,900$267,100$338,100
  108.0%100.4%100.0%
  68.284.6100.0
  95.285.5100.0

   100=National Average

   Average Rent by Bedroom Size
Crime
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