Zip 88415 (Clayton, NM) Cost of Living


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United States / New Mexico / No Metro Area / Union County / Clayton / Clayton (zip 88415)

Clayton cost of living score
67.1
Less expensive
32.9% lower
than the US average
24.1% lower
than the New Mexico average
Clayton (zip 88415), New Mexico gets a BestPlaces Cost of Living score of 67.1, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 32.9% lower than the U.S. average and 24.1% higher than the average for New Mexico.

Zip 88415 (Clayton, NM)

Housing costs in Clayton?
A typical home costs $120,700, which is 64.3% less expensive than the national average of $338,100 and 54.8% less expensive than the average New Mexico home, at $267,100. Renting a two-bedroom unit in Clayton costs $700 per month, which is 51.0% cheaper than the national average of $1,430 and 45.7% cheaper than the state average of $1,020.

Can I afford Clayton?
To live comfortably in Clayton (zip 88415), New Mexico, a minimum annual income of $23,040 for a family, and $22,000 for a single person is recommended.

What does A.I. say about Clayton?
The cost of living in 88415 Clayton, NM is fairly low compared to the national average. Housing costs are particularly attractive, with median housing prices below the national average and rental prices ranging from very affordable to moderate depending on the area. The cost of groceries and other necessary items is also much cheaper than the national average. Overall, living in 88415 Clayton, NM can provide a high quality of life for an affordable price point.
   Cost of living score
     CategoriesClaytonNew MexicoUnited States
  67.188.4100.0
  90.993.3100
  88.482.6100.0
  30.184.3100.0
  $120,700$267,100$338,100
  109.9%100.4%100.0%
  65.784.6100.0
  75.385.5100.0

   100=National Average

   Average Rent by Bedroom Size
Crime