Zip 88039 (Glenwood, NM) Cost of Living


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United States / New Mexico / No Metro Area / Catron County / Glenwood / Glenwood (zip 88039)

Glenwood cost of living score
82.9
Less expensive
17.1% lower
than the US average
6.2% lower
than the New Mexico average
Glenwood (zip 88039), New Mexico gets a BestPlaces Cost of Living score of 82.9, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 17.1% lower than the U.S. average and 6.2% higher than the average for New Mexico.

Zip 88039 (Glenwood, NM)

Housing costs in Glenwood?
A typical home costs $146,500, which is 56.7% less expensive than the national average of $338,100 and 45.2% less expensive than the average New Mexico home, at $267,100. Renting a two-bedroom unit in Glenwood costs $790 per month, which is 44.8% cheaper than the national average of $1,430 and 29.1% cheaper than the state average of $1,020.

Can I afford Glenwood?
To live comfortably in Glenwood (zip 88039), New Mexico, a minimum annual income of $28,080 for a family, and $25,200 for a single person is recommended.

What does A.I. say about Glenwood?
The cost of living in 88039 Glenwood, NM is lower than the national average. The median home price in Glenwood is around $75,000 and the median monthly rental price is around $500. The average cost for a gallon of gas is much lower than the national average at just over $2.50 per gallon. The overall cost of living in this area is relatively low, making it an attractive option for those looking to save money on their housing and other day-to-day expenses.
   Cost of living score
     CategoriesGlenwoodNew MexicoUnited States
  82.988.4100.0
  92.893.3100
  85.682.6100.0
  51.184.3100.0
  $146,500$267,100$338,100
  103.5%100.4%100.0%
  70.984.6100.0
  75.885.5100.0

   100=National Average

   Average Rent by Bedroom Size
Crime