Zip 87551 (Los Ojos, NM) Cost of Living


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with insight into cost of living, crime, climate, and more.
How much do I need to live in Los Ojos, New Mexico?
$3,870 / month
for a family, 28.3% less expensive than the national average A total of $46,440 for the year for a family.
$2,300 / month
for a single person, 51.8% less expensive than the national average A total of $27,600 for the year for a single person.

Los Ojos cost of living score
82.4
Less expensive
17.6% lower
than the US average
6.8% lower
than the New Mexico average
Los Ojos (zip 87551), New Mexico gets a BestPlaces Cost of Living score of 82.4, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 17.6% lower than the U.S. average and 6.8% higher than the average for New Mexico.

Zip 87551 (Los Ojos, NM)

Housing costs in Los Ojos?
A typical home costs $242,200, which is 28.4% less expensive than the national average of $338,100 and 9.3% less expensive than the average New Mexico home, at $267,100. Renting a two-bedroom unit in Los Ojos costs $800 per month, which is 21.6% cheaper than the national average of $1,020 and close to the state average of $800.

Can I afford Los Ojos?
To live comfortably in Los Ojos (zip 87551), New Mexico, a minimum annual income of $46,440 for a family, and $27,600 for a single person is recommended.

What does A.I. say about Los Ojos?
The cost of living in 87551 Los Ojos, NM is very affordable. The median home price is $98,500, which is much lower than the national average. The median household income in the town is $45,302 and the median rent is just $1,300 per month. Groceries, healthcare and utilities are all relatively low-cost compared to other areas of the country. Overall, 87551 Los Ojos is a great place to live for those looking for a high quality of life without breaking the bank.
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesLos OjosNew MexicoUnited States
    Unlock88.4100.0
  100.6  Unlock100.0
    Unlock82.6100.0
  67.4  Unlock100.0
    Unlock$267,100$338,100
  101.8  Unlock100.0
    Unlock84.6100.0
  76.9  Unlock100.0

   100=National Average

   Average Rent by Bedroom Size
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