Zip 88101 (Clovis, NM) Cost of Living


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Clovis cost of living score
74.7
Less expensive
25.3% lower
than the US average
15.5% lower
than the New Mexico average
Clovis (zip 88101), New Mexico gets a BestPlaces Cost of Living score of 74.7, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 25.3% lower than the U.S. average and 15.5% higher than the average for New Mexico.

Zip 88101 (Clovis, NM)

Housing costs in Clovis?
A typical home costs $135,400, which is 60.0% less expensive than the national average of $338,100 and 49.3% less expensive than the average New Mexico home, at $267,100. Renting a two-bedroom unit in Clovis costs $800 per month, which is 21.6% cheaper than the national average of $1,020 and 12.5% cheaper than the state average of $900.

Can I afford Clovis?
To live comfortably in Clovis (zip 88101), New Mexico, a minimum annual income of $25,920 for a family, and $24,800 for a single person is recommended.

What does A.I. say about Clovis?
Living in 88101 Clovis, NM is quite affordable compared to other parts of the United States. The cost of living index for 88101 is 94.1, which is 6% lower than the national average. The housing market in Clovis is very reasonable with a median home value of $124,600 and median rent prices at around $800 per month. Additionally, groceries, transportation expenses, utilities, and health care are all relatively inexpensive in the area. All in all, living in 88101 Clovis, NM gives residents access to an amazing quality of life at an affordable price.
   Cost of living score
     CategoriesClovisNew MexicoUnited States
  74.788.4100.0
  93.793.3100
  85.182.6100.0
  58.584.3100.0
  $135,400$267,100$338,100
  87.8%100.4%100.0%
  63.184.6100.0
  84.185.5100.0

   100=National Average

   Average Rent by Bedroom Size
Crime