Zip 87027 (La Jara, NM) Cost of Living


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How much do I need to live in La Jara, New Mexico?
$2,100 / month
for a family, 61.1% less expensive than the national average A total of $25,200 for the year for a family.
$2,500 / month
for a single person, 47.6% less expensive than the national average A total of $30,000 for the year for a single person.

La Jara cost of living score
94.9
Less expensive
5.1% lower
than the US average
7.4% higher
than the New Mexico average
La Jara (zip 87027), New Mexico gets a BestPlaces Cost of Living score of 94.9, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 5.1% lower than the U.S. average and 7.4% lower than the average for New Mexico.

Zip 87027 (La Jara, NM)

Housing costs in La Jara?
A typical home costs $132,100, which is 60.9% less expensive than the national average of $338,100 and 50.5% less expensive than the average New Mexico home, at $267,100. Renting a two-bedroom unit in La Jara costs $910 per month, which is 10.8% cheaper than the national average of $1,020 and 25.3% cheaper than the state average of $1,140.

Can I afford La Jara?
To live comfortably in La Jara (zip 87027), New Mexico, a minimum annual income of $25,200 for a family, and $30,000 for a single person is recommended.

What does A.I. say about La Jara?
The cost of living in 87027 La Jara, NM is relatively low. The median home value for the area is around $120,000, which is considerably lower than the national average and provides a great opportunity for people looking to purchase a home. The median household income is roughly $38,500 annually, and the average cost of rent is approximately $550/month. The overall cost of living in this area remains affordable – with groceries and other necessary items costing less than the national average price. This makes 87027 La Jara, NM an attractive location for individuals or families seeking to live comfortably without having to pay too much for everyday expenses.
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesLa JaraNew MexicoUnited States
    Unlock88.4100.0
  92.4  Unlock100.0
    Unlock82.6100.0
  71.0  Unlock100.0
    Unlock$267,100$338,100
  102.0  Unlock100.0
    Unlock84.6100.0
  105.7  Unlock100.0

   100=National Average

   Average Rent by Bedroom Size
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