Chamisal, NM Cost of Living


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Chamisal cost of living score
96
Less expensive
4.0% lower
than the US average
8.6% higher
than the New Mexico average
Chamisal, 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.

Chamisal, NM

Housing costs in Chamisal?
A typical home costs $168,700, which is 50.1% less expensive than the national average of $338,100 and 36.8% less expensive than the average New Mexico home, at $267,100. Renting a two-bedroom unit in Chamisal costs $960 per month, which is 32.9% cheaper than the national average of $1,430 and 6.3% cheaper than the state average of $1,020.

Can I afford Chamisal?
To live comfortably in Chamisal, New Mexico, a minimum annual income of $32,400 for a family, and $33,200 for a single person is recommended.

What does A.I. say about Chamisal?
Chamisal, NM is an affordable place to live, with a cost of living that is significantly lower than the national average. The median home cost in Chamisal is around $121,700, which is much lower than most other cities in the state of New Mexico. Utilities and groceries are also relatively inexpensive in Chamisal. The area offers some of the most affordable housing options among all cities in New Mexico and its close proximity to Albuquerque makes it a great option for those looking for a more rural lifestyle but still wanting access to urban amenities.
   Cost of living score
     CategoriesChamisalNew MexicoUnited States
  96.088.4100.0
  94.293.3100
  84.582.6100.0
  66.284.3100.0
  $168,700$267,100$338,100
  105.7%100.4%100.0%
  73.884.6100.0
  97.685.5100.0

   100=National Average

   Average Rent by Bedroom Size
Crime
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