Zip 88046 (Mesilla, NM) Cost of Living


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How much do I need to live in Mesilla, New Mexico?
$4,350 / month
for a family, 19.4% less expensive than the national average A total of $52,200 for the year for a family.
$2,500 / month
for a single person, 47.6% less expensive than the national average A total of $30,000 for the year for a single person.

Mesilla cost of living score
83.5
Less expensive
16.5% lower
than the US average
5.5% lower
than the New Mexico average
Mesilla (zip 88046), 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 88046 (Mesilla, NM)

Housing costs in Mesilla?
A typical home costs $272,500, which is 19.4% less expensive than the national average of $338,100 and 2.0% more expensive than the average New Mexico home, at $267,100. Renting a two-bedroom unit in Mesilla costs $870 per month, which is 14.7% cheaper than the national average of $1,020 and 2.3% cheaper than the state average of $890.

Can I afford Mesilla?
To live comfortably in Mesilla (zip 88046), New Mexico, a minimum annual income of $52,200 for a family, and $30,000 for a single person is recommended.

What does A.I. say about Mesilla?
Living in 88046 Mesilla, NM is quite affordable. The median home cost is around $131,700 and the median rent is only $875 per month. Utilities are also relatively low, with an average monthly expense of just over $200. Taxes are also fairly reasonable for New Mexico at just over 10%, making it an affordable place to live. In addition to being affordable, many amenities can be found nearby such as grocery stores, restaurants and entertainment options like movie theaters and parks. Overall, living in 88046 Mesilla, NM can be a great option for those looking for an economical lifestyle in a safe area with lots of activities available.
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesMesillaNew MexicoUnited States
    Unlock88.4100.0
  98.8  Unlock100.0
    Unlock82.6100.0
  77.4  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
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