Zip 88230 (Dexter, NM) Cost of Living


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How much do I need to live in Dexter, New Mexico?
$2,610 / month
for a family, 51.7% less expensive than the national average A total of $31,320 for the year for a family.
$2,067 / month
for a single person, 56.6% less expensive than the national average A total of $24,800 for the year for a single person.

Dexter cost of living score
71.2
Less expensive
28.8% lower
than the US average
19.5% lower
than the New Mexico average
Dexter (zip 88230), New Mexico gets a BestPlaces Cost of Living score of 71.2, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 28.8% lower than the U.S. average and 19.5% higher than the average for New Mexico.

Zip 88230 (Dexter, NM)

Housing costs in Dexter?
A typical home costs $162,700, which is 51.9% less expensive than the national average of $338,100 and 39.1% less expensive than the average New Mexico home, at $267,100. Renting a two-bedroom unit in Dexter costs $810 per month, which is 20.6% cheaper than the national average of $1,020 and 9.9% cheaper than the state average of $890.

Can I afford Dexter?
To live comfortably in Dexter (zip 88230), New Mexico, a minimum annual income of $31,320 for a family, and $24,800 for a single person is recommended.

What does A.I. say about Dexter?
The cost of living in 88230 Dexter, NM is relatively low compared to other areas of the country. The average cost of housing is around $102,500, which is well below the national median of $201,000. The median household income for this area is about $28,000 and the poverty rate is slightly above 16%. Utility costs are also lower than the national average. This can be attributed to the fact that many locals rely on renewable energy sources such as solar power or wind turbines to generate electricity for their homes. Groceries and healthcare typically costs less than in other cities and towns across the US. Overall, living in 88230 Dexter can be quite affordable and a great place to call home!
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesDexterNew MexicoUnited States
    Unlock88.4100.0
  90.9  Unlock100.0
    Unlock82.6100.0
  36.4  Unlock100.0
    Unlock$267,100$338,100
  86.7  Unlock100.0
    Unlock84.6100.0
  78.4  Unlock100.0

   100=National Average

   Average Rent by Bedroom Size
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