Zip 87040 (Paguate, NM) Cost of Living


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How much do I need to live in Paguate, New Mexico?
$870 / month
for a family, 83.9% less expensive than the national average A total of $10,440 for the year for a family.
$1,933 / month
for a single person, 59.5% less expensive than the national average A total of $23,200 for the year for a single person.

Paguate cost of living score
70.2
Less expensive
29.8% lower
than the US average
20.6% lower
than the New Mexico average
Paguate (zip 87040), New Mexico gets a BestPlaces Cost of Living score of 70.2, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 29.8% lower than the U.S. average and 20.6% higher than the average for New Mexico.

Zip 87040 (Paguate, NM)

Housing costs in Paguate?
A typical home costs $55,300, which is 83.6% less expensive than the national average of $338,100 and 79.3% less expensive than the average New Mexico home, at $267,100. Renting a two-bedroom unit in Paguate costs $730 per month, which is 28.4% cheaper than the national average of $1,020 and 12.3% cheaper than the state average of $820.

Can I afford Paguate?
To live comfortably in Paguate (zip 87040), New Mexico, a minimum annual income of $10,440 for a family, and $23,200 for a single person is recommended.

What does A.I. say about Paguate?
The cost of living in 87040 Paguate, NM can vary depending on a person's individual needs. Generally speaking, housing costs are quite low compared to the national average, with an average rent price of about $700 per month and an average home price around $90,000. The cost of groceries and groceries-related items is fairly similar to the national average. Additionally, utility prices such as electricity and water tend to be slightly lower than the national average. Overall, living in 87040 Paguate, NM can be affordable for those who are looking for an affordable place to live with all the necessities they need.
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesPaguateNew MexicoUnited States
    Unlock88.4100.0
  89.7  Unlock100.0
    Unlock82.6100.0
  29.2  Unlock100.0
    Unlock$267,100$338,100
  95.8  Unlock100.0
    Unlock84.6100.0
  76.3  Unlock100.0

   100=National Average

   Average Rent by Bedroom Size
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