Clovis Metro Area, NM Cost of Living


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How much do I need to live in Clovis, New Mexico?
$2,130 / month
for a family, 60.6% less expensive than the national average A total of $25,560 for the year for a family.
$2,367 / month
for a single person, 50.3% less expensive than the national average A total of $28,400 for the year for a single person.

Clovis cost of living score
75
Less expensive
25.0% lower
than the US average
15.2% lower
than the New Mexico average
Clovis New Mex Metro Area, New Mexico gets a BestPlaces Cost of Living score of 75, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 25.0% lower than the U.S. average and 15.2% higher than the average for New Mexico.

Clovis Metro Area, NM

Housing costs in Clovis?
A typical home costs $132,800, which is 60.7% less expensive than the national average of $338,100 and 50.3% less expensive than the average New Mexico home, at $267,100. Renting a two-bedroom unit in Clovis costs $900 per month, which is 37.1% cheaper than the national average of $1,430 and 13.3% cheaper than the state average of $1,020.

Can I afford Clovis?
To live comfortably in Clovis New Mex Metro Area, New Mexico, a minimum annual income of $25,560 for a family, and $28,400 for a single person is recommended.

What does A.I. say about Clovis?
The cost of living in Clovis, NM Metro Area is 75 on the US average cost of living index of 100. This means that it is relatively inexpensive to live in this area compared to other places in the United States. The median value of a house in Clovis, NM Metro Area is $132,800 which is considerably lower than the US average median value of $338,100. Thus, if one were looking for an affordable place to live while still enjoying all the amenities offered by a metro area then Clovis might be an ideal choice.
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesClovisNew MexicoUnited States
    Unlock88.4100.0
  92.7  Unlock100.0
    Unlock82.6100.0
  57.7  Unlock100.0
    Unlock$267,100$338,100
  89.4  Unlock100.0
    Unlock84.6100.0
  84.1  Unlock100.0

   100=National Average

   Average Rent by Bedroom Size
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