McKinley County, NM Cost of Living


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United States / New Mexico / / McKinley County / Cities / Zip Codes

McKinley cost of living score
78
Less expensive
22.0% lower
than the US average
11.8% lower
than the New Mexico average
McKinley New Mex County, New Mexico gets a BestPlaces Cost of Living score of 78, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 22.0% lower than the U.S. average and 11.8% higher than the average for New Mexico.

McKinley County, NM

Housing costs in McKinley?
A typical home costs $164,100, which is 51.5% less expensive than the national average of $338,100 and 38.6% less expensive than the average New Mexico home, at $267,100. Renting a two-bedroom unit in McKinley 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 McKinley?
To live comfortably in McKinley New Mex County, New Mexico, a minimum annual income of $31,320 for a family, and $26,800 for a single person is recommended.

What does A.I. say about McKinley?
Living in McKinley, NM County is much more affordable than living in the US on average. According to data from the US Census Bureau, the median house value in McKinley, NM County is $164100, which is significantly lower than the US average house value of $338100. Additionally, the Cost of Living in McKinley, NM County is 78 compared to 100 for the US average. This means that day-to-day expenses such as rent and utilities will be lower in McKinley than they would be elsewhere. Consequently, residents of McKinley can enjoy a high quality of life while spending less money on housing and other costs.
   Cost of living score
     CategoriesMcKinleyNew MexicoUnited States
  78.088.4100.0
  88.593.3100
  84.582.6100.0
  62.984.3100.0
  $164,100$267,100$338,100
  94.5%100.4%100.0%
  75.784.6100.0
  75.585.5100.0

   100=National Average

   Average Rent by Bedroom Size
Crime