Zip 88256 (Loving, NM) Cost of Living


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Loving cost of living score
77.9
Less expensive
22.1% lower
than the US average
11.9% lower
than the New Mexico average
Loving (zip 88256), New Mexico gets a BestPlaces Cost of Living score of 77.9, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 22.1% lower than the U.S. average and 11.9% higher than the average for New Mexico.

Zip 88256 (Loving, NM)

Housing costs in Loving?
A typical home costs $178,800, which is 47.1% less expensive than the national average of $338,100 and 33.1% less expensive than the average New Mexico home, at $267,100. Renting a two-bedroom unit in Loving costs $1,010 per month, which is 1.0% cheaper than the national average of $1,020 and close to the state average of $1,010.

Can I afford Loving?
To live comfortably in Loving (zip 88256), New Mexico, a minimum annual income of $34,200 for a family, and $36,000 for a single person is recommended.

What does A.I. say about Loving?
The cost of living in Loving, NM (zip code 88256) is relatively low compared to other parts of the country. The estimated monthly costs for housing, food, health care, transportation, and miscellaneous expenses are all lower than the national average. This makes it an attractive option for those looking for a lower cost of living without sacrificing quality of life. Additionally, Loving is home to a variety of small businesses providing goods and services at competitive prices. Overall, Loving offers residents both affordable living expenses and a charming atmosphere that makes it an ideal choice for many people.
   Cost of living score
     CategoriesLovingNew MexicoUnited States
  77.988.4100.0
  92.493.3100
  86.182.6100.0
  49.684.3100.0
  $178,800$267,100$338,100
  103.7%100.4%100.0%
  69.084.6100.0
  85.385.5100.0

   100=National Average

   Average Rent by Bedroom Size
Crime