Zip 88029 (Columbus, NM) Cost of Living


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Columbus cost of living score
71.6
Less expensive
28.4% lower
than the US average
19.0% lower
than the New Mexico average
Columbus (zip 88029), New Mexico gets a BestPlaces Cost of Living score of 71.6, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 28.4% lower than the U.S. average and 19.0% higher than the average for New Mexico.

Zip 88029 (Columbus, NM)

Housing costs in Columbus?
A typical home costs $91,000, which is 73.1% less expensive than the national average of $338,100 and 65.9% less expensive than the average New Mexico home, at $267,100. Renting a two-bedroom unit in Columbus costs $810 per month, which is 20.6% cheaper than the national average of $1,020 and close to the state average of $800.

Can I afford Columbus?
To live comfortably in Columbus (zip 88029), New Mexico, a minimum annual income of $17,280 for a family, and $24,800 for a single person is recommended.

What does A.I. say about Columbus?
Columbus, New Mexico is a very affordable place to live. The cost of living in 88029 Columbus is estimated to be 14% lower than the national average and 7% lower than the state average. The median home value is only $58,000, which is significantly below the national median of $219,700. Additionally, renting an apartment in this area typically costs around $500 per month. Furthermore, groceries are relatively inexpensive as well; most items are priced around 10-20% below national averages. All these factors make Columbus a great option for people looking for a low-cost place to live that still offers plenty of amenities and activities.
   Cost of living score
     CategoriesColumbusNew MexicoUnited States
  71.688.4100.0
  89.693.3100
  88.282.6100.0
  26.984.3100.0
  $91,000$267,100$338,100
  106.8%100.4%100.0%
  69.884.6100.0
  76.185.5100.0

   100=National Average

   Average Rent by Bedroom Size
Crime