Zip 88038 (Gila, NM) Cost of Living


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Gila cost of living score
75.1
Less expensive
24.9% lower
than the US average
15.0% lower
than the New Mexico average
Gila (zip 88038), New Mexico gets a BestPlaces Cost of Living score of 75.1, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 24.9% lower than the U.S. average and 15.0% higher than the average for New Mexico.

Zip 88038 (Gila, NM)

Housing costs in Gila?
A typical home costs $188,700, which is 44.2% less expensive than the national average of $338,100 and 29.4% less expensive than the average New Mexico home, at $267,100. Renting a two-bedroom unit in Gila costs $790 per month, which is 22.5% cheaper than the national average of $1,020 and close to the state average of $800.

Can I afford Gila?
To live comfortably in Gila (zip 88038), New Mexico, a minimum annual income of $36,000 for a family, and $26,800 for a single person is recommended.

What does A.I. say about Gila?
The cost of living in Gila, NM (88038) is quite reasonable compared to other places. The median home value is $118,150, which is lower than the national average. Additionally, the median rent price is $555 per month, which is also lower than the national average. Other expenses such as food and utility costs are also quite low and make it a good choice for those looking to live within a budget.
   Cost of living score
     CategoriesGilaNew MexicoUnited States
  75.188.4100.0
  93.193.3100
  85.382.6100.0
  52.184.3100.0
  $188,700$267,100$338,100
  99.6%100.4%100.0%
  68.484.6100.0
  95.785.5100.0

   100=National Average

   Average Rent by Bedroom Size
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