Zip 87714 (Cimarron, NM) Cost of Living


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United States / New Mexico / No Metro Area / Colfax County / Cimarron / Cimarron (zip 87714)
How much do I need to live in Cimarron, New Mexico?
$2,400 / month
for a family, 55.6% less expensive than the national average A total of $28,800 for the year for a family.
$2,300 / month
for a single person, 51.8% less expensive than the national average A total of $27,600 for the year for a single person.

Cimarron cost of living score
77
Less expensive
23.0% lower
than the US average
12.9% lower
than the New Mexico average
Cimarron (zip 87714), New Mexico gets a BestPlaces Cost of Living score of 77, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 23.0% lower than the U.S. average and 12.9% higher than the average for New Mexico.

Zip 87714 (Cimarron, NM)

Housing costs in Cimarron?
A typical home costs $150,600, which is 55.5% less expensive than the national average of $338,100 and 43.6% less expensive than the average New Mexico home, at $267,100. Renting a two-bedroom unit in Cimarron costs $780 per month, which is 45.5% cheaper than the national average of $1,430 and 30.8% cheaper than the state average of $1,020.

Can I afford Cimarron?
To live comfortably in Cimarron (zip 87714), New Mexico, a minimum annual income of $28,800 for a family, and $27,600 for a single person is recommended.

What does A.I. say about Cimarron?
The cost of living in 87714 Cimarron, NM is quite reasonable compared to many other areas. According to the most recent data, the average cost of housing in this area is 10.7% lower than the national average and only 0.8% higher than the state average. This makes it an attractive place for those looking for affordable accommodations in New Mexico. Additionally, the overall cost of living in 87714 Cimarron, NM is 9.9% lower than the national average and 5.6% lower than the state average, making this a great location for people looking to save money on their basic necessities while still enjoying all that New Mexico has to offer.
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesCimarronNew MexicoUnited States
    Unlock88.4100.0
  90.9  Unlock100.0
    Unlock82.6100.0
  43.6  Unlock100.0
    Unlock$267,100$338,100
  107.5  Unlock100.0
    Unlock84.6100.0
  78.5  Unlock100.0

   100=National Average

   Average Rent by Bedroom Size
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