Zip 88027 (Chamberino, NM) Cost of Living


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Chamberino cost of living score
83.5
Less expensive
16.5% lower
than the US average
5.5% lower
than the New Mexico average
Chamberino (zip 88027), New Mexico gets a BestPlaces Cost of Living score of 83.5, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 16.5% lower than the U.S. average and 5.5% higher than the average for New Mexico.

Zip 88027 (Chamberino, NM)

Housing costs in Chamberino?
A typical home costs $170,500, which is 49.6% less expensive than the national average of $338,100 and 36.2% less expensive than the average New Mexico home, at $267,100. Renting a two-bedroom unit in Chamberino costs $910 per month, which is 10.8% cheaper than the national average of $1,020 and 2.2% more than the state average of $890.

Can I afford Chamberino?
To live comfortably in Chamberino (zip 88027), New Mexico, a minimum annual income of $32,760 for a family, and $31,600 for a single person is recommended.

What does A.I. say about Chamberino?
The cost of living in 88027 Chamberino, NM is relatively affordable. The median household income is $41,323, and the median home price is $140,700. Renting a one-bedroom apartment in the area costs about $650 per month. Groceries are also relatively inexpensive, with some basic staples costing less than a dollar. Utilities are also reasonable; electricity and water can cost around $75 per month on average. Fuel prices tend to be slightly higher than the national average but still remain at a manageable level for most residents. Overall, living in 88027 Chamberino, NM tends to be fairly affordable when compared to other areas of the US.
   Cost of living score
     CategoriesChamberinoNew MexicoUnited States
  83.588.4100.0
  9193.3100
  86.682.6100.0
  51.184.3100.0
  $170,500$267,100$338,100
  96.6%100.4%100.0%
  78.284.6100.0
  91.485.5100.0

   100=National Average

   Average Rent by Bedroom Size
Crime