Valencia County, NM Cost of Living


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United States / New Mexico / / Valencia County / Cities / Zip Codes
How much do I need to live in Valencia, New Mexico?
$3,900 / month
for a family, 27.8% less expensive than the national average A total of $46,800 for the year for a family.
$3,133 / month
for a single person, 34.3% less expensive than the national average A total of $37,600 for the year for a single person.

Valencia cost of living score
86.3
Less expensive
13.7% lower
than the US average
2.4% lower
than the New Mexico average
Valencia New Mex County, New Mexico gets a BestPlaces Cost of Living score of 86.3, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 13.7% lower than the U.S. average and 2.4% higher than the average for New Mexico.

Valencia County, NM

Housing costs in Valencia?
A typical home costs $243,600, which is 28.0% less expensive than the national average of $338,100 and 8.8% less expensive than the average New Mexico home, at $267,100. Renting a two-bedroom unit in Valencia costs $1,140 per month, which is 20.3% cheaper than the national average of $1,430 and 10.5% more than the state average of $1,020.

Can I afford Valencia?
To live comfortably in Valencia New Mex County, New Mexico, a minimum annual income of $46,800 for a family, and $37,600 for a single person is recommended.

What does A.I. say about Valencia?
The cost of living in Valencia, NM County is 86.3, which is significantly lower than the US average cost of living at 100. This means that the cost of basic necessities such as food, housing, and transportation are much more affordable in this region than the national average. The median house value is also significantly lower than that of the US at $243,600 compared to $338,100 respectively. This makes Valencia an attractive area for those looking to enjoy a quality lifestyle without breaking the bank.
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesValenciaNew MexicoUnited States
    Unlock88.4100.0
  93.9  Unlock100.0
    Unlock82.6100.0
  67.0  Unlock100.0
    Unlock$267,100$338,100
  107.2  Unlock100.0
    Unlock84.6100.0
  77.4  Unlock100.0

   100=National Average

   Average Rent by Bedroom Size
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