Zip 88040 (Hachita, NM) Cost of Living


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How much do I need to live in Hachita, New Mexico?
$1,170 / month
for a family, 78.3% less expensive than the national average A total of $14,040 for the year for a family.
$2,100 / month
for a single person, 55.9% less expensive than the national average A total of $25,200 for the year for a single person.

Hachita cost of living score
75.1
Less expensive
24.9% lower
than the US average
15.0% lower
than the New Mexico average
Hachita (zip 88040), New Mexico gets a BestPlaces Cost of Living score of 75.1, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 24.9% lower than the U.S. average and 15.0% higher than the average for New Mexico.

Zip 88040 (Hachita, NM)

Housing costs in Hachita?
A typical home costs $73,300, which is 78.3% less expensive than the national average of $338,100 and 72.6% less expensive than the average New Mexico home, at $267,100. Renting a two-bedroom unit in Hachita costs $740 per month, which is 27.5% cheaper than the national average of $1,020 and 8.1% cheaper than the state average of $800.

Can I afford Hachita?
To live comfortably in Hachita (zip 88040), New Mexico, a minimum annual income of $14,040 for a family, and $25,200 for a single person is recommended.

What does A.I. say about Hachita?
The cost of living in 88040 Hachita, NM is relatively low compared to other major cities in the United States. The average home value in 88040 is $69,600, less than half of the national median of $184,700. Renters will find that the cost of living in 88040 is also very affordable; a two-bedroom apartment usually ranges between $500 - $550 per month. Other costs such as groceries and utilities are lower than average as well. This makes it an ideal place for those looking for an inexpensive home or rental option.
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesHachitaNew MexicoUnited States
    Unlock88.4100.0
  89.4  Unlock100.0
    Unlock82.6100.0
  24.5  Unlock100.0
    Unlock$267,100$338,100
  108.0  Unlock100.0
    Unlock84.6100.0
  95.7  Unlock100.0

   100=National Average

   Average Rent by Bedroom Size
Crime

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