Los Chaves, NM Cost of Living


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Los Chaves cost of living score
86.3
Less expensive
13.7% lower
than the US average
2.4% lower
than the New Mexico average
Los Chaves, New Mexico gets a BestPlaces Cost of Living score of 86.3, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 13.7% lower than the U.S. average and 2.4% higher than the average for New Mexico.

Los Chaves, NM

Housing costs in Los Chaves?
A typical home costs $176,300, which is 47.9% less expensive than the national average of $338,100 and 34.0% less expensive than the average New Mexico home, at $267,100. Renting a two-bedroom unit in Los Chaves costs $1,110 per month, which is 22.4% cheaper than the national average of $1,430 and 8.1% more than the state average of $1,020.

Can I afford Los Chaves?
To live comfortably in Los Chaves, New Mexico, a minimum annual income of $33,840 for a family, and $36,400 for a single person is recommended.

What does A.I. say about Los Chaves?
The cost of living in Los Chaves, NM is relatively low compared to other locations in the United States. The median home value in Los Chaves is around $116,000, while the median rent is about $638 per month. The overall cost of living index for the city is 83.3 which means that it is 16.7% lower than the national average. The cost of groceries, health care and utilities are all below the national average as well, making Los Chaves a great place to live for those looking for an affordable lifestyle.
   Cost of living score
     CategoriesLos ChavesNew MexicoUnited States
  86.388.4100.0
  92.393.3100
  78.582.6100.0
  70.684.3100.0
  $176,300$267,100$338,100
  107.2%100.4%100.0%
  101.084.6100.0
  77.885.5100.0

   100=National Average

   Average Rent by Bedroom Size
Crime
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