Zip 87038 (Laguna, NM) Cost of Living


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Laguna cost of living score
70.2
Less expensive
29.8% lower
than the US average
20.6% lower
than the New Mexico average
Laguna (zip 87038), New Mexico gets a BestPlaces Cost of Living score of 70.2, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 29.8% lower than the U.S. average and 20.6% higher than the average for New Mexico.

Zip 87038 (Laguna, NM)

Housing costs in Laguna?
A typical home costs $116,200, which is 65.6% less expensive than the national average of $338,100 and 56.5% less expensive than the average New Mexico home, at $267,100. Renting a two-bedroom unit in Laguna costs $800 per month, which is 21.6% cheaper than the national average of $1,020 and 2.5% cheaper than the state average of $820.

Can I afford Laguna?
To live comfortably in Laguna (zip 87038), New Mexico, a minimum annual income of $22,320 for a family, and $25,200 for a single person is recommended.

What does A.I. say about Laguna?
The cost of living in 87038 Laguna, NM is relatively low compared to other parts of the country. The median home price in the area is just under $90,000, making it a great place for those looking for an affordable place to live. Additionally, groceries and healthcare costs are lower than the national average as well. Renters can find housing at a reasonable rate as well. Overall, 87038 Laguna is an attractive option for anyone looking for an affordable place to call home in New Mexico.
   Cost of living score
     CategoriesLagunaNew MexicoUnited States
  70.288.4100.0
  87.393.3100
  84.982.6100.0
  16.984.3100.0
  $116,200$267,100$338,100
  96.1%100.4%100.0%
  79.384.6100.0
  76.385.5100.0

   100=National Average

   Average Rent by Bedroom Size
Crime