Zip 87412 (Blanco, NM) Cost of Living


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How much do I need to live in Blanco, New Mexico?
$3,090 / month
for a family, 42.8% less expensive than the national average A total of $37,080 for the year for a family.
$2,433 / month
for a single person, 49.0% less expensive than the national average A total of $29,200 for the year for a single person.

Blanco cost of living score
79.5
Less expensive
20.5% lower
than the US average
10.1% lower
than the New Mexico average
Blanco (zip 87412), New Mexico gets a BestPlaces Cost of Living score of 79.5, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 20.5% lower than the U.S. average and 10.1% higher than the average for New Mexico.

Zip 87412 (Blanco, NM)

Housing costs in Blanco?
A typical home costs $193,300, which is 42.8% less expensive than the national average of $338,100 and 27.6% less expensive than the average New Mexico home, at $267,100. Renting a two-bedroom unit in Blanco costs $860 per month, which is 15.7% cheaper than the national average of $1,020 and 5.8% cheaper than the state average of $910.

Can I afford Blanco?
To live comfortably in Blanco (zip 87412), New Mexico, a minimum annual income of $37,080 for a family, and $29,200 for a single person is recommended.

What does A.I. say about Blanco?
The cost of living in 87412 Blanco, NM is relatively low compared to other areas in the country. According to BestPlaces.net, the cost of living index for this area is 83.2, which is 17.8 points lower than the national average of 100. This means that groceries, health care, housing, and other necessities are more affordable than they are for most other places in the United States. The median home value here is $118,400, while the median household income is just over $42,000 – both much lower than average. In addition to being affordable, this small town offers a close-knit community with access to plenty of outdoor activities like fishing and camping.
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesBlancoNew MexicoUnited States
    Unlock88.4100.0
  91.6  Unlock100.0
    Unlock82.6100.0
  50.1  Unlock100.0
    Unlock$267,100$338,100
  99.6  Unlock100.0
    Unlock84.6100.0
  77.9  Unlock100.0

   100=National Average

   Average Rent by Bedroom Size
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