Zip 88063 (Sunland Park, 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 Sunland Park, New Mexico?
$2,820 / month
for a family, 47.8% less expensive than the national average A total of $33,840 for the year for a family.
$2,433 / month
for a single person, 49.0% less expensive than the national average A total of $29,200 for the year for a single person.

Sunland Park cost of living score
83.5
Less expensive
16.5% lower
than the US average
5.5% lower
than the New Mexico average
Sunland Park (zip 88063), New Mexico gets a BestPlaces Cost of Living score of 83.5, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 16.5% lower than the U.S. average and 5.5% higher than the average for New Mexico.

Zip 88063 (Sunland Park, NM)

Housing costs in Sunland Park?
A typical home costs $175,800, which is 48.0% less expensive than the national average of $338,100 and 34.2% less expensive than the average New Mexico home, at $267,100. Renting a two-bedroom unit in Sunland Park costs $840 per month, which is 17.6% cheaper than the national average of $1,020 and 6.0% cheaper than the state average of $890.

Can I afford Sunland Park?
To live comfortably in Sunland Park (zip 88063), New Mexico, a minimum annual income of $33,840 for a family, and $29,200 for a single person is recommended.

What does A.I. say about Sunland Park?
The cost of living in 88063 Sunland Park, NM is relatively low compared to other parts of the country. Housing costs are significantly lower than national averages and the median home price is just over $117,000. Taxes are also lower than most states, with the combined state and local sales tax rate sitting at 7.3125%. The overall cost of goods and services is about 11% lower than the US average, making it a great option for those looking to save money on everyday necessities. Additionally, utilities are generally inexpensive when compared to other nearby cities, while food costs remain consistent with the national average. All in all, 88063 Sunland Park offers an affordable cost of living that can give families more freedom to put their money towards other goals.
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesSunland ParkNew MexicoUnited States
    Unlock88.4100.0
  91.1  Unlock100.0
    Unlock82.6100.0
  51.3  Unlock100.0
    Unlock$267,100$338,100
  98.8  Unlock100.0
    Unlock84.6100.0
  91.4  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.