Zip 87554 (Petaca, NM) Cost of Living


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Petaca cost of living score
82.4
Less expensive
17.6% lower
than the US average
6.8% lower
than the New Mexico average
Petaca (zip 87554), 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 87554 (Petaca, NM)

Housing costs in Petaca?
A typical home costs $295,600, which is 12.6% less expensive than the national average of $338,100 and 10.7% more expensive than the average New Mexico home, at $267,100. Renting a two-bedroom unit in Petaca costs $800 per month, which is 44.1% cheaper than the national average of $1,430 and 27.5% cheaper than the state average of $1,020.

Can I afford Petaca?
To live comfortably in Petaca (zip 87554), New Mexico, a minimum annual income of $56,520 for a family, and $27,600 for a single person is recommended.

What does A.I. say about Petaca?
The cost of living in 87554 Petaca, NM is relatively inexpensive compared to other parts of the state. According to BestPlaces, the cost of living index for 87554 Petaca, NM is 74.7, which is 21% lower than the New Mexico average. Transportation expenses in 87554 Petaca, NM are also fairly low coming in at an index score of 68.2--4% lower than the state average. Groceries in 87554 Petaca, NM are slightly more expensive than average with an index score of 89--8% higher than New Mexico's overall score of 81.9. Additionally, miscellaneous goods and services such as clothing and entertainment that are available in 87554 Petaca, NM come with a slight premium when compared to the rest of the state.
   Cost of living score
     CategoriesPetacaNew MexicoUnited States
  82.488.4100.0
  94.593.3100
  85.082.6100.0
  65.784.3100.0
  $295,600$267,100$338,100
  102.5%100.4%100.0%
  83.384.6100.0
  76.985.5100.0

   100=National Average

   Average Rent by Bedroom Size
Crime