Zip 88314 (Bent, NM) Cost of Living


0 Reviews



BestPlaces offers the best, most comprehensive city reports,
with insight into cost of living, crime, climate, and more.
How much do I need to live in Bent, New Mexico?
$3,660 / month
for a family, 32.2% less expensive than the national average A total of $43,920 for the year for a family.
$2,300 / month
for a single person, 51.8% less expensive than the national average A total of $27,600 for the year for a single person.

Bent cost of living score
75.2
Less expensive
24.8% lower
than the US average
14.9% lower
than the New Mexico average
Bent (zip 88314), New Mexico gets a BestPlaces Cost of Living score of 75.2, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 24.8% lower than the U.S. average and 14.9% higher than the average for New Mexico.

Zip 88314 (Bent, NM)

Housing costs in Bent?
A typical home costs $230,000, which is 32.0% less expensive than the national average of $338,100 and 13.9% less expensive than the average New Mexico home, at $267,100. Renting a two-bedroom unit in Bent 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 Bent?
To live comfortably in Bent (zip 88314), New Mexico, a minimum annual income of $43,920 for a family, and $27,600 for a single person is recommended.

What does A.I. say about Bent?
The cost of living in 88314 Bent, NM is quite affordable. The median home value is just over $68,000, and the median household income is $44,906. Renters will find that the average rent for a one-bedroom apartment is around $500 per month. Taxes are also relatively low in this area, with the average property tax rate being around 0.6%. Groceries are also surprisingly inexpensive compared to other parts of the country. Even with all these affordability factors at play, 88314 Bent still offers its residents plenty of opportunities for recreation and entertainment. It's a great place to live if you're looking for an affordable yet quality lifestyle!
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesBentNew MexicoUnited States
    Unlock88.4100.0
  91.3  Unlock100.0
    Unlock82.6100.0
  64.3  Unlock100.0
    Unlock$267,100$338,100
  101.6  Unlock100.0
    Unlock84.6100.0
  77.8  Unlock100.0

   100=National Average

   Average Rent by Bedroom Size
Crime

The premier source for comprehensive city data for over 30 years.

© Best Places. All rights reserved.