Placitas (Sandoval County), NM Cost of Living


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Placitas (Sandoval County) cost of living score
94.9
Less expensive
5.1% lower
than the US average
7.4% higher
than the New Mexico average
Placitas (Sandoval County), New Mexico gets a BestPlaces Cost of Living score of 94.9, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 5.1% lower than the U.S. average and 7.4% lower than the average for New Mexico.

Placitas (Sandoval County), NM

Housing costs in Placitas (Sandoval County)?
A typical home costs $566,500, which is 67.6% more expensive than the national average of $338,100 and 112.1% more expensive than the average New Mexico home, at $267,100. Renting a two-bedroom unit in Placitas (Sandoval County) costs $1,510 per month, which is 5.6% more than the national average of $1,430 and 32.5% more than the state average of $1,020.

Can I afford Placitas (Sandoval County)?
To live comfortably in Placitas (Sandoval County), New Mexico, a minimum annual income of $108,720 for a family, and $49,600 for a single person is recommended.

What does A.I. say about Placitas (Sandoval County)?
Living in Placitas (Sandoval County), NM can be quite affordable. The median home price is $325,000, which is slightly lower than the national average. Additionally, the cost of living index for this area is 96.5, which means that it is 3.5 percent cheaper to live here than the national average. The average rent for a one-bedroom apartment is around $800 per month and utility costs are also relatively low. All in all, Placitas offers a great place to live with an affordable cost of living compared to other areas.
   Cost of living score
     CategoriesPlacitas (Sandoval County)New MexicoUnited States
  94.988.4100.0
  10393.3100
  80.182.6100.0
  183.184.3100.0
  $566,500$267,100$338,100
  102.3%100.4%100.0%
  99.784.6100.0
  106.085.5100.0

   100=National Average

   Average Rent by Bedroom Size
Reviews for Placitas (Sandoval County)
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We have researched Placitas for a few years and now with the real estate market going haywire, we have decided to move our online business there by building in  More

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We are considering moving to Placitas from the Eastern high plains of NM. However, I am wondering why there are almost 10% of the housing for sale. The property values  More

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Over 12 years ago

Spectacular views of three mountain ranges, Mount Taylor, and Cabezon Peak, glittering star sparkled night skies, breath taking sunsets, wild horses, pinon scented  More

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