Zip 88316 (Capitan, NM) Cost of Living


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United States / New Mexico / No Metro Area / Lincoln County / Capitan / Capitan (zip 88316)

Capitan cost of living score
89
Less expensive
11.0% lower
than the US average
0.7% higher
than the New Mexico average
Capitan (zip 88316), New Mexico gets a BestPlaces Cost of Living score of 89, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 11.0% lower than the U.S. average and 0.7% lower than the average for New Mexico.

Zip 88316 (Capitan, NM)

Housing costs in Capitan?
A typical home costs $214,600, which is 36.5% less expensive than the national average of $338,100 and 19.7% less expensive than the average New Mexico home, at $267,100. Renting a two-bedroom unit in Capitan costs $770 per month, which is 46.2% cheaper than the national average of $1,430 and 32.5% cheaper than the state average of $1,020.

Can I afford Capitan?
To live comfortably in Capitan (zip 88316), New Mexico, a minimum annual income of $41,040 for a family, and $23,600 for a single person is recommended.

What does A.I. say about Capitan?
equestId:20fb205c-865d-4b31-b68e-39d27ff3fbbb,resource:content,data:[{id:txt_980a11ee635b48fda136d74ca34c24ff,text:\n \nThe cost of living in 88316 Capitan, NM is quite reasonable. According to BestPlaces, the overall cost of living index in 88316 is rated as slightly lower than the U.S. average, making it an affordable place to live. The consumer price index is also lower than the national average, making groceries and other goods more affordable. Additionally, housing costs are very low compared to many other areas in the United States, with an average rent of just $500 for a 1-bedroom apartment. With its low cost of living and access to outdoor activities like hiking and fishing, 88316 Capitan, NM is a great place to call home.
   Cost of living score
     CategoriesCapitanNew MexicoUnited States
  89.088.4100.0
  95.393.3100
  85.882.6100.0
  74.584.3100.0
  $214,600$267,100$338,100
  105.0%100.4%100.0%
  74.984.6100.0
  92.885.5100.0

   100=National Average

   Average Rent by Bedroom Size
Crime