Zip 87515 (Canjilon, NM) Cost of Living


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Canjilon cost of living score
82.4
Less expensive
17.6% lower
than the US average
6.8% lower
than the New Mexico average
Canjilon (zip 87515), New Mexico gets a BestPlaces Cost of Living score of 82.4, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 17.6% lower than the U.S. average and 6.8% higher than the average for New Mexico.

Zip 87515 (Canjilon, NM)

Housing costs in Canjilon?
A typical home costs $447,600, which is 32.4% more expensive than the national average of $338,100 and 67.6% more expensive than the average New Mexico home, at $267,100. Renting a two-bedroom unit in Canjilon costs $850 per month, which is 16.7% cheaper than the national average of $1,020 and 5.9% more than the state average of $800.

Can I afford Canjilon?
To live comfortably in Canjilon (zip 87515), New Mexico, a minimum annual income of $85,680 for a family, and $29,600 for a single person is recommended.

What does A.I. say about Canjilon?
The cost of living in 87515 Canjilon, NM is quite low compared to other parts of the country. The median home value in 87515 is just $77,500 and the median rent is only $735 per month. Additionally, groceries are cheap, with an overall lower than average cost for food items. The unemployment rate in 87515 is also below the national average at only 5.5%, making it a great option for those looking to find employment opportunities. All this makes 87515 Canjilon, NM a great option for those looking to save money while still having access to all the amenities of city living.
   Cost of living score
     CategoriesCanjilonNew MexicoUnited States
  82.488.4100.0
  92.693.3100
  85.082.6100.0
  61.784.3100.0
  $447,600$267,100$338,100
  98.3%100.4%100.0%
  83.584.6100.0
  76.985.5100.0

   100=National Average

   Average Rent by Bedroom Size
Crime