La Villita, NM Cost of Living


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La Villita cost of living score
82.4
Less expensive
17.6% lower
than the US average
6.8% lower
than the New Mexico average
La Villita, New Mexico gets a BestPlaces Cost of Living score of 82.4, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 17.6% lower than the U.S. average and 6.8% higher than the average for New Mexico.

La Villita, NM

Housing costs in La Villita?
A typical home costs $261,000, which is 22.8% less expensive than the national average of $338,100 and 2.3% less expensive than the average New Mexico home, at $267,100. Renting a two-bedroom unit in La Villita 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 La Villita?
To live comfortably in La Villita, New Mexico, a minimum annual income of $50,040 for a family, and $28,000 for a single person is recommended.

What does A.I. say about La Villita?
The cost of living in La Villita, NM is surprisingly affordable. Housing costs are particularly low, with an average home costing around $140,000. Utilities are also quite reasonable, with most utility bills clocking in at less than $100 per month. Groceries and other necessities can be found for relatively reasonable prices as well; the local Walmart Supercenter offers a wide selection of affordable items. In addition, La Villita boasts a lower-than-average sales tax rate, making it even easier for families to get by on a budget. All things considered, La Villita is an ideal place for anyone looking to live a comfortable life without breaking the bank.
   Cost of living score
     CategoriesLa VillitaNew MexicoUnited States
  82.488.4100.0
  93.693.3100
  85.082.6100.0
  47.784.3100.0
  $261,000$267,100$338,100
  99.6%100.4%100.0%
  83.384.6100.0
  76.985.5100.0

   100=National Average

   Average Rent by Bedroom Size
Crime
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