Arroyo Seco, NM Cost of Living


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Arroyo Seco cost of living score
96
Less expensive
4.0% lower
than the US average
8.6% higher
than the New Mexico average
Arroyo Seco, New Mexico gets a BestPlaces Cost of Living score of 96, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 4.0% lower than the U.S. average and 8.6% lower than the average for New Mexico.

Arroyo Seco, NM

Housing costs in Arroyo Seco?
A typical home costs $483,500, which is 43.0% more expensive than the national average of $338,100 and 81.0% more expensive than the average New Mexico home, at $267,100. Renting a two-bedroom unit in Arroyo Seco costs $1,250 per month, which is 12.6% cheaper than the national average of $1,430 and 18.4% more than the state average of $1,020.

Can I afford Arroyo Seco?
To live comfortably in Arroyo Seco, New Mexico, a minimum annual income of $92,520 for a family, and $43,200 for a single person is recommended.

What does A.I. say about Arroyo Seco?
The cost of living in Arroyo Seco, NM is quite reasonable. The median home price is $135,000, which is lower than the national average. The median household income is $43,889, meaning it is slightly above the state and national averages. Additionally, the sales tax rate for the area is 7.5%, which also falls below the national average. This means residents get to keep more of their hard-earned money when shopping or making purchases in town. Overall, Arroyo Seco offers a great quality of life at an affordable price point for its residents.
   Cost of living score
     CategoriesArroyo SecoNew MexicoUnited States
  96.088.4100.0
  99.493.3100
  84.582.6100.0
  155.884.3100.0
  $483,500$267,100$338,100
  105.7%100.4%100.0%
  73.984.6100.0
  97.285.5100.0

   100=National Average

   Average Rent by Bedroom Size
Crime
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