Zip 87043 (Placitas, NM) Cost of Living


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Placitas cost of living score
94.9
Less expensive
5.1% lower
than the US average
7.4% higher
than the New Mexico average
Placitas (zip 87043), New Mexico gets a BestPlaces Cost of Living score of 94.9, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 5.1% lower than the U.S. average and 7.4% lower than the average for New Mexico.

Zip 87043 (Placitas, NM)

Housing costs in Placitas?
A typical home costs $576,600, which is 70.5% more expensive than the national average of $338,100 and 115.9% more expensive than the average New Mexico home, at $267,100. Renting a two-bedroom unit in Placitas costs $1,520 per month, which is 49.0% more than the national average of $1,020 and 25.0% more than the state average of $1,140.

Can I afford Placitas?
To live comfortably in Placitas (zip 87043), New Mexico, a minimum annual income of $110,520 for a family, and $50,000 for a single person is recommended.

What does A.I. say about Placitas?
87043 Placitas, NM is a wonderful place to live and has an affordable cost of living. According to Best Places, the cost of living in 87043 Placitas is 4% lower than the national average, making it an attractive choice for those looking for a place to call home. The median home value in 87043 Placitas is $297,100, which is slightly higher than the US median value of $184,700. Additionally, housing costs are 17% lower than the national average at $1,200 per month. Other areas in which 87043 Placitas stands out include grocery costs that are 21% lower than the national average and transportation costs that are 7% lower than the national average. All these factors combine to make 87043 Placitas an attractive and affordable place to live.
   Cost of living score
     CategoriesPlacitasNew MexicoUnited States
  94.988.4100.0
  10393.3100
  80.182.6100.0
  180.884.3100.0
  $576,600$267,100$338,100
  102.3%100.4%100.0%
  99.784.6100.0
  105.785.5100.0

   100=National Average

   Average Rent by Bedroom Size
Reviews for Placitas
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Over 7 years ago

Placitas, which is perfectly situated between Santa Fe and Albuquerque, offers serenity in a rural setting that is reasonably close to conveniences and necessities.  More

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Placitas in north central New Mexico is a fine suburban/village-type community for moderately affluent retirees or professionals who can manage the commute (half hour or  More

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