Zip 88053 (Pinos Altos, NM) Cost of Living


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How much do I need to live in Pinos Altos, New Mexico?
$3,210 / month
for a family, 40.6% less expensive than the national average A total of $38,520 for the year for a family.
$2,333 / month
for a single person, 51.1% less expensive than the national average A total of $28,000 for the year for a single person.

Pinos Altos cost of living score
75.1
Less expensive
24.9% lower
than the US average
15.0% lower
than the New Mexico average
Pinos Altos (zip 88053), New Mexico gets a BestPlaces Cost of Living score of 75.1, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 24.9% lower than the U.S. average and 15.0% higher than the average for New Mexico.

Zip 88053 (Pinos Altos, NM)

Housing costs in Pinos Altos?
A typical home costs $201,500, which is 40.4% less expensive than the national average of $338,100 and 24.6% less expensive than the average New Mexico home, at $267,100. Renting a two-bedroom unit in Pinos Altos costs $820 per month, which is 19.6% cheaper than the national average of $1,020 and 2.4% more than the state average of $800.

Can I afford Pinos Altos?
To live comfortably in Pinos Altos (zip 88053), New Mexico, a minimum annual income of $38,520 for a family, and $28,000 for a single person is recommended.

What does A.I. say about Pinos Altos?
The cost of living in 88053 Pinos Altos, NM is relatively low compared to the national average. Housing is very affordable, with a median home value of only $147,500 and a median rent of only $693 per month. The price for groceries and other necessities is also lower than the rest of the country. The overall cost of living in 88053 Pinos Altos, NM is 7% lower than the US average, making it an ideal place to live for those who want to save money while enjoying all that this small town has to offer.
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesPinos AltosNew MexicoUnited States
    Unlock88.4100.0
  91.9  Unlock100.0
    Unlock82.6100.0
  56.1  Unlock100.0
    Unlock$267,100$338,100
  93.6  Unlock100.0
    Unlock84.6100.0
  95.7  Unlock100.0

   100=National Average

   Average Rent by Bedroom Size
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