Zip 87562 (Rowe, NM) Cost of Living


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How much do I need to live in Rowe, New Mexico?
$3,060 / month
for a family, 43.3% less expensive than the national average A total of $36,720 for the year for a family.
$2,300 / month
for a single person, 51.8% less expensive than the national average A total of $27,600 for the year for a single person.

Rowe cost of living score
78.5
Less expensive
21.5% lower
than the US average
11.2% lower
than the New Mexico average
Rowe (zip 87562), New Mexico gets a BestPlaces Cost of Living score of 78.5, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 21.5% lower than the U.S. average and 11.2% higher than the average for New Mexico.

Zip 87562 (Rowe, NM)

Housing costs in Rowe?
A typical home costs $191,700, which is 43.3% less expensive than the national average of $338,100 and 28.2% less expensive than the average New Mexico home, at $267,100. Renting a two-bedroom unit in Rowe costs $780 per month, which is 23.5% cheaper than the national average of $1,020 and 2.6% cheaper than the state average of $800.

Can I afford Rowe?
To live comfortably in Rowe (zip 87562), New Mexico, a minimum annual income of $36,720 for a family, and $27,600 for a single person is recommended.

What does A.I. say about Rowe?
The cost of living in 87562 Rowe, NM is fairly affordable compared to other parts of the country. The median home cost is around $109,000, with average rent being approximately $850. This allows a person to live comfortably in Rowe without having to break the bank. Taxes are generally low, and utilities are reasonable as well. There are plenty of dining and entertainment options to match any budget too. Overall, 87562 Rowe is an idyllic spot for those who want a peaceful place to call home without breaking their wallet.
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesRoweNew MexicoUnited States
    Unlock88.4100.0
  95.5  Unlock100.0
    Unlock82.6100.0
  78.2  Unlock100.0
    Unlock$267,100$338,100
  108.8  Unlock100.0
    Unlock84.6100.0
  77.0  Unlock100.0

   100=National Average

   Average Rent by Bedroom Size
Crime

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