Zip 87026 (Laguna, NM) Cost of Living


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Laguna cost of living score
70.2
Less expensive
29.8% lower
than the US average
20.6% lower
than the New Mexico average
Laguna (zip 87026), New Mexico gets a BestPlaces Cost of Living score of 70.2, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 29.8% lower than the U.S. average and 20.6% higher than the average for New Mexico.

Zip 87026 (Laguna, NM)

Housing costs in Laguna?
A typical home costs $100,500, which is 70.3% less expensive than the national average of $338,100 and 62.4% less expensive than the average New Mexico home, at $267,100. Renting a two-bedroom unit in Laguna costs $1,060 per month, which is 3.9% more than the national average of $1,020 and 22.6% more than the state average of $820.

Can I afford Laguna?
To live comfortably in Laguna (zip 87026), New Mexico, a minimum annual income of $19,080 for a family, and $33,600 for a single person is recommended.

What does A.I. say about Laguna?
The cost of living in 87026 Laguna, NM is relatively low. Rent prices are generally quite affordable, with a one-bedroom apartment averaging around $400 per month. Grocery prices are comparable to the national average, however there are no large supermarkets in the area so residents must shop at local convenience stores for their groceries or drive to nearby Albuquerque for larger grocery chains. Utility costs are also reasonable, with electricity and natural gas typically costing around $100 per month in total. The area also offers many outdoor activities to take advantage of as well as numerous restaurants and shops that make it an enjoyable place to live.
   Cost of living score
     CategoriesLagunaNew MexicoUnited States
  70.288.4100.0
  89.193.3100
  84.982.6100.0
  26.284.3100.0
  $100,500$267,100$338,100
  95.8%100.4%100.0%
  92.384.6100.0
  76.385.5100.0

   100=National Average

   Average Rent by Bedroom Size
Crime