Zip 87522 (Chimayo, NM) Cost of Living


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Chimayo cost of living score
82.4
Less expensive
17.6% lower
than the US average
6.8% lower
than the New Mexico average
Chimayo (zip 87522), 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 87522 (Chimayo, NM)

Housing costs in Chimayo?
A typical home costs $250,400, which is 25.9% less expensive than the national average of $338,100 and 6.3% less expensive than the average New Mexico home, at $267,100. Renting a two-bedroom unit in Chimayo costs $1,280 per month, which is 25.5% more than the national average of $1,020 and 37.5% more than the state average of $800.

Can I afford Chimayo?
To live comfortably in Chimayo (zip 87522), New Mexico, a minimum annual income of $47,880 for a family, and $44,400 for a single person is recommended.

What does A.I. say about Chimayo?
The cost of living in 87522 Chimayo, NM is relatively affordable. According to the United States Census Bureau's American Community Survey, the median home value in 87522 Chimayo, NM is $106,100 and the median household income for families living in this zip code is $39,000 per year. The estimated average cost of consumer goods and services in 87522 Chimayo, NM is slightly lower than the national average. Additionally, housing costs are low compared to other parts of the country. All of these factors make 87522 Chimayo, NM an attractive and affordable place to live for individuals and families looking for a relaxed lifestyle at an affordable price.
   Cost of living score
     CategoriesChimayoNew MexicoUnited States
  82.488.4100.0
  94.993.3100
  85.082.6100.0
  72.484.3100.0
  $250,400$267,100$338,100
  101.4%100.4%100.0%
  83.384.6100.0
  76.985.5100.0

   100=National Average

   Average Rent by Bedroom Size
Crime