Zip 88004 (Las Cruces, NM) Cost of Living


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How much do I need to live in Las Cruces, New Mexico?
$4,380 / month
for a family, 18.9% less expensive than the national average A total of $52,560 for the year for a family.
$2,533 / month
for a single person, 46.9% less expensive than the national average A total of $30,400 for the year for a single person.

Las Cruces cost of living score
83.5
Less expensive
16.5% lower
than the US average
5.5% lower
than the New Mexico average
Las Cruces (zip 88004), New Mexico gets a BestPlaces Cost of Living score of 83.5, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 16.5% lower than the U.S. average and 5.5% higher than the average for New Mexico.

Zip 88004 (Las Cruces, NM)

Housing costs in Las Cruces?
A typical home costs $274,300, which is 18.9% less expensive than the national average of $338,100 and 2.7% more expensive than the average New Mexico home, at $267,100. Renting a two-bedroom unit in Las Cruces costs $880 per month, which is 38.5% cheaper than the national average of $1,430 and 15.9% cheaper than the state average of $1,020.

Can I afford Las Cruces?
To live comfortably in Las Cruces (zip 88004), New Mexico, a minimum annual income of $52,560 for a family, and $30,400 for a single person is recommended.

What does A.I. say about Las Cruces?
Las Cruces, NM 88004 is an affordable place to live. The cost of living is significantly lower than the national average, with the median home value coming in at around $150,000. The cost of groceries and other goods is also below the national average, making it possible for families to make ends meet. Additionally, there are numerous job opportunities available in the area, providing a steady income to those who call Las Cruces their home. All of these factors combine to make Las Cruces a great place to live for those looking for an affordable lifestyle.
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesLas CrucesNew MexicoUnited States
    Unlock88.4100.0
  94.4  Unlock100.0
    Unlock82.6100.0
  68.5  Unlock100.0
    Unlock$267,100$338,100
  98.5  Unlock100.0
    Unlock84.6100.0
  91.4  Unlock100.0

   100=National Average

   Average Rent by Bedroom Size
Crime

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