Zip 87829 (Quemado, NM) Cost of Living


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United States / New Mexico / No Metro Area / Catron County / Quemado / Quemado (zip 87829)
How much do I need to live in Quemado, New Mexico?
$3,750 / month
for a family, 30.6% less expensive than the national average A total of $45,000 for the year for a family.
$2,067 / month
for a single person, 56.6% less expensive than the national average A total of $24,800 for the year for a single person.

Quemado cost of living score
82.9
Less expensive
17.1% lower
than the US average
6.2% lower
than the New Mexico average
Quemado (zip 87829), New Mexico gets a BestPlaces Cost of Living score of 82.9, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 17.1% lower than the U.S. average and 6.2% higher than the average for New Mexico.

Zip 87829 (Quemado, NM)

Housing costs in Quemado?
A typical home costs $235,600, which is 30.3% less expensive than the national average of $338,100 and 11.8% less expensive than the average New Mexico home, at $267,100. Renting a two-bedroom unit in Quemado costs $770 per month, which is 46.2% cheaper than the national average of $1,430 and 32.5% cheaper than the state average of $1,020.

Can I afford Quemado?
To live comfortably in Quemado (zip 87829), New Mexico, a minimum annual income of $45,000 for a family, and $24,800 for a single person is recommended.

What does A.I. say about Quemado?
The cost of living in 87829 Quemado, NM is generally considered to be lower than the national average. The median home value in 87829 is $66,600 and the median rent price is $518 per month. The overall cost of groceries, transportation, health care, utilities, and other goods and services are all below the national average making it an affordable place for residents to live. Additionally, unemployment rates in 87829 are much lower than the national average and job opportunities can be found throughout the area.
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesQuemadoNew MexicoUnited States
    Unlock88.4100.0
  95.7  Unlock100.0
    Unlock82.6100.0
  70.4  Unlock100.0
    Unlock$267,100$338,100
  105.8  Unlock100.0
    Unlock84.6100.0
  75.8  Unlock100.0

   100=National Average

   Average Rent by Bedroom Size
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