Zip 88347 (Sacramento, NM) Cost of Living


0 Reviews



BestPlaces offers the best, most comprehensive city reports,
with insight into cost of living, crime, climate, and more.
How much do I need to live in Sacramento, New Mexico?
$2,850 / month
for a family, 47.2% less expensive than the national average A total of $34,200 for the year for a family.
$2,367 / month
for a single person, 50.3% less expensive than the national average A total of $28,400 for the year for a single person.

Sacramento cost of living score
75.2
Less expensive
24.8% lower
than the US average
14.9% lower
than the New Mexico average
Sacramento (zip 88347), New Mexico gets a BestPlaces Cost of Living score of 75.2, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 24.8% lower than the U.S. average and 14.9% higher than the average for New Mexico.

Zip 88347 (Sacramento, NM)

Housing costs in Sacramento?
A typical home costs $179,000, which is 47.1% less expensive than the national average of $338,100 and 33.0% less expensive than the average New Mexico home, at $267,100. Renting a two-bedroom unit in Sacramento 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 Sacramento?
To live comfortably in Sacramento (zip 88347), New Mexico, a minimum annual income of $34,200 for a family, and $28,400 for a single person is recommended.

What does A.I. say about Sacramento?
The cost of living in 88347 Sacramento, NM is relatively low compared to other cities in the United States. The median household income for the area is just under $47,000 and the median home value is around $125,000. This means that most people in the area can afford to purchase a home without breaking their budget. Prices for everything from groceries to gas are also lower than in other areas. All of this makes 88347 Sacramento an attractive option for families or individuals looking for more affordable housing options.
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesSacramentoNew MexicoUnited States
    Unlock88.4100.0
  89.9  Unlock100.0
    Unlock82.6100.0
  44.5  Unlock100.0
    Unlock$267,100$338,100
  98.7  Unlock100.0
    Unlock84.6100.0
  77.8  Unlock100.0

   100=National Average

   Average Rent by Bedroom Size
Crime

The premier source for comprehensive city data for over 30 years.

© Best Places. All rights reserved.