Zip 87543 (Llano, NM) Cost of Living


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United States / New Mexico / Taos Metro Area / Taos County / No City / Llano (zip 87543)

Llano cost of living score
96
Less expensive
4.0% lower
than the US average
8.6% higher
than the New Mexico average
Llano (zip 87543), New Mexico gets a BestPlaces Cost of Living score of 96, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 4.0% lower than the U.S. average and 8.6% lower than the average for New Mexico.

Zip 87543 (Llano, NM)

Housing costs in Llano?
A typical home costs $392,300, which is 16.0% more expensive than the national average of $338,100 and 46.9% more expensive than the average New Mexico home, at $267,100. Renting a two-bedroom unit in Llano costs $940 per month, which is 34.3% cheaper than the national average of $1,430 and 8.5% cheaper than the state average of $1,020.

Can I afford Llano?
To live comfortably in Llano (zip 87543), New Mexico, a minimum annual income of $75,240 for a family, and $32,400 for a single person is recommended.

What does A.I. say about Llano?
The cost of living in 87543 Llano, NM is relatively low compared to many other areas. The median home value in the area is around $128,000 and the median rent is $583 per month. The average household income is around $36,200 and the unemployment rate is a fairly low 4.1%. The prices of goods and services are also reasonably priced, allowing residents to enjoy a good quality of life for less cost than other areas. Overall, 87543 Llano, NM provides an affordable lifestyle that allows its residents to live comfortably without breaking the bank.
   Cost of living score
     CategoriesLlanoNew MexicoUnited States
  96.088.4100.0
  88.793.3100
  84.582.6100.0
  28.784.3100.0
  $392,300$267,100$338,100
  105.7%100.4%100.0%
  73.884.6100.0
  97.385.5100.0

   100=National Average

   Average Rent by Bedroom Size
Crime