Reserve, NM Cost of Living


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United States / New Mexico / No Metro Area / Catron County / Reserve / Zip Codes

Reserve cost of living score
82.9
Less expensive
17.1% lower
than the US average
6.2% lower
than the New Mexico average
Reserve, New Mexico gets a BestPlaces Cost of Living score of 82.9, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 17.1% lower than the U.S. average and 6.2% higher than the average for New Mexico.

Reserve, NM

Housing costs in Reserve?
A typical home costs $171,100, which is 49.4% less expensive than the national average of $338,100 and 35.9% less expensive than the average New Mexico home, at $267,100. Renting a two-bedroom unit in Reserve costs $770 per month, which is 46.2% cheaper than the national average of $1,430 and 32.5% cheaper than the state average of $1,020.

Can I afford Reserve?
To live comfortably in Reserve, New Mexico, a minimum annual income of $32,760 for a family, and $24,800 for a single person is recommended.

What does A.I. say about Reserve?
The cost of living in Reserve, NM is relatively low compared to other parts of the country. Groceries, housing, and utilities are all quite affordable which makes for an ideal place to live. Residents in Reserve enjoy living in a rural setting with access to amenities such as a local grocery store, pharmacy, and hardware store. The nearby towns of Silver City and Deming provide additional shopping opportunities for those who need more options. With its low cost of living, Reserve offers its residents a comfortable place to call home at an affordable price.
   Cost of living score
     CategoriesReserveNew MexicoUnited States
  82.988.4100.0
  94.393.3100
  85.682.6100.0
  53.984.3100.0
  $171,100$267,100$338,100
  110.2%100.4%100.0%
  71.084.6100.0
  76.485.5100.0

   100=National Average

   Average Rent by Bedroom Size
Crime
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