Tyrone, NM Cost of Living


0 Reviews



Download our custom City Report to see exclusive
data on cost of living, crime, climate, and more.

Tyrone cost of living score
75.1
Less expensive
24.9% lower
than the US average
15.0% lower
than the New Mexico average
Tyrone, New Mexico gets a BestPlaces Cost of Living score of 75.1, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 24.9% lower than the U.S. average and 15.0% higher than the average for New Mexico.

Tyrone, NM

Housing costs in Tyrone?
A typical home costs $160,500, which is 52.5% less expensive than the national average of $338,100 and 39.9% less expensive than the average New Mexico home, at $267,100. Renting a two-bedroom unit in Tyrone 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 Tyrone?
To live comfortably in Tyrone, New Mexico, a minimum annual income of $30,600 for a family, and $27,600 for a single person is recommended.

What does A.I. say about Tyrone?
The cost of living in Tyrone, NM is relatively low compared to other cities. The average home price in the area is $104,000 and the median household income is around $51,000. In addition, property taxes are quite reasonable and utility costs are much lower than those in larger cities. With its low cost of living and a safe environment for families, Tyrone makes an attractive option for people looking to relocate or start a family.
   Cost of living score
     CategoriesTyroneNew MexicoUnited States
  75.188.4100.0
  91.693.3100
  85.382.6100.0
  46.584.3100.0
  $160,500$267,100$338,100
  94.9%100.4%100.0%
  68.484.6100.0
  95.785.5100.0

   100=National Average

   Average Rent by Bedroom Size
Crime
Compare Tyrone, NM cost of living
Compare food, housing, utilities, and more in Tyrone, New Mexico to any other city in the US.