San Miguel County, NM Cost of Living


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United States / New Mexico / / San Miguel County / Cities / Zip Codes
How much do I need to live in San Miguel, New Mexico?
$2,700 / month
for a family, 50.0% less expensive than the national average A total of $32,400 for the year for a family.
$2,333 / month
for a single person, 51.1% less expensive than the national average A total of $28,000 for the year for a single person.

San Miguel cost of living score
78.5
Less expensive
21.5% lower
than the US average
11.2% lower
than the New Mexico average
San Miguel New Mex County, 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.

San Miguel County, NM

Housing costs in San Miguel?
A typical home costs $168,200, which is 50.3% less expensive than the national average of $338,100 and 37.0% less expensive than the average New Mexico home, at $267,100. Renting a two-bedroom unit in San Miguel 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 San Miguel?
To live comfortably in San Miguel New Mex County, New Mexico, a minimum annual income of $32,400 for a family, and $28,000 for a single person is recommended.

What does A.I. say about San Miguel?
The cost of living in San Miguel, NM County is significantly lower than the national average. At 78.5, it is almost twenty-two points lower than the US average Cost of Living score of 100. This low score makes San Miguel an attractive option for those looking to settle down without breaking the bank. Additionally, with a median house value of $168,200, housing costs in San Miguel are also much lower than the national average house value of $338,100. This makes San Miguel an ideal destination for those looking to both save money and enjoy small town living in New Mexico.
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesSan MiguelNew MexicoUnited States
    Unlock88.4100.0
  94.0  Unlock100.0
    Unlock82.6100.0
  58.8  Unlock100.0
    Unlock$267,100$338,100
  104.9  Unlock100.0
    Unlock84.6100.0
  77.0  Unlock100.0

   100=National Average

   Average Rent by Bedroom Size
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