Rowe, NM Cost of Living


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Rowe cost of living score
78.5
Less expensive
21.5% lower
than the US average
11.2% lower
than the New Mexico average
Rowe, New Mexico gets a BestPlaces Cost of Living score of 78.5, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 21.5% lower than the U.S. average and 11.2% higher than the average for New Mexico.

Rowe, NM

Housing costs in Rowe?
A typical home costs $223,100, which is 34.0% less expensive than the national average of $338,100 and 16.5% less expensive than the average New Mexico home, at $267,100. Renting a two-bedroom unit in Rowe costs $790 per month, which is 44.8% cheaper than the national average of $1,430 and 29.1% cheaper than the state average of $1,020.

Can I afford Rowe?
To live comfortably in Rowe, New Mexico, a minimum annual income of $42,840 for a family, and $28,000 for a single person is recommended.

What does A.I. say about Rowe?
The cost of living in Rowe, NM is relatively affordable. The median home value in the area is around $120,000 and the median rent is around $800 per month. Compared to other cities in the state, these prices are quite reasonable. Utility costs tend to be lower than average as well, offering additional savings for those looking to make Rowe their home. Despite its small population, there are plenty of amenities available to residents such as grocery stores, banks, and a variety of restaurants. In addition, there are many recreational activities to take part in that make living in Rowe an even more attractive option.
   Cost of living score
     CategoriesRoweNew MexicoUnited States
  78.588.4100.0
  95.593.3100
  85.182.6100.0
  67.584.3100.0
  $223,100$267,100$338,100
  108.8%100.4%100.0%
  74.584.6100.0
  76.985.5100.0

   100=National Average

   Average Rent by Bedroom Size
Crime
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