Zip 88421 (Garita, NM) Cost of Living


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Garita cost of living score
78.5
Less expensive
21.5% lower
than the US average
11.2% lower
than the New Mexico average
Garita (zip 88421), New Mexico gets a BestPlaces Cost of Living score of 78.5, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 21.5% lower than the U.S. average and 11.2% higher than the average for New Mexico.

Zip 88421 (Garita, NM)

Housing costs in Garita?
A typical home costs $185,600, which is 45.1% less expensive than the national average of $338,100 and 30.5% less expensive than the average New Mexico home, at $267,100. Renting a two-bedroom unit in Garita costs $770 per month, which is 46.2% cheaper than the national average of $1,430 and 32.5% cheaper than the state average of $1,020.

Can I afford Garita?
To live comfortably in Garita (zip 88421), New Mexico, a minimum annual income of $35,640 for a family, and $27,200 for a single person is recommended.

What does A.I. say about Garita?
88421 Garita, NM is a relatively inexpensive place to live. The cost of living in 88421 Garita is significantly lower than the national average. Housing costs are among the most affordable in New Mexico, with the median home value being around $104,000 - well below the national median of $220,100. The cost of utilities is also about 13% lower than the national average. Food costs are surprisingly low as well, with groceries costing 5-10% less than the national average. Overall, 88421 Garita is an affordable place to live and provides residents with an opportunity to save money on their basic living expenses.
   Cost of living score
     CategoriesGaritaNew MexicoUnited States
  78.588.4100.0
  93.793.3100
  85.182.6100.0
  55.784.3100.0
  $185,600$267,100$338,100
  92.2%100.4%100.0%
  74.184.6100.0
  77.085.5100.0

   100=National Average

   Average Rent by Bedroom Size
Crime