Housing costs in Cochiti?
A typical home costs
$140,600, which is 58.4% less expensive than the national average of
$338,100 and 47.4% less expensive than the average New Mexico home, at
$267,100. Renting a two-bedroom unit in Cochiti costs
$880 per month, which is 13.7% cheaper than the national average of
$1,020 and 29.5% cheaper than the state average of
$1,140.
Can I afford Cochiti?
To live comfortably in Cochiti (zip 87072), New Mexico, a minimum annual income of
$27,000 for a family, and
$28,800 for a single person is recommended.
What does A.I. say about Cochiti?
The cost of living in 87072 Cochiti, NM is relatively low compared to the national average. According to BestPlaces’s Cost of Living Index, the overall cost of living index in Cochiti is 55.53 (US Average: 100). This means that basic expenses such as groceries, transportation, and healthcare are more affordable than the national average. In addition, rent prices are also lower than other areas in New Mexico with a median rental cost of around $620 per month. All these factors contribute to Cochiti’s relatively low cost of living.