Zip 87577 (Tres Piedras, NM) Cost of Living


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United States / New Mexico / Taos Metro Area / Taos County / No City / Tres Piedras (zip 87577)

Tres Piedras cost of living score
96
Less expensive
4.0% lower
than the US average
8.6% higher
than the New Mexico average
Tres Piedras (zip 87577), New Mexico gets a BestPlaces Cost of Living score of 96, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 4.0% lower than the U.S. average and 8.6% lower than the average for New Mexico.

Zip 87577 (Tres Piedras, NM)

Housing costs in Tres Piedras?
A typical home costs $393,600, which is 16.4% more expensive than the national average of $338,100 and 47.4% more expensive than the average New Mexico home, at $267,100. Renting a two-bedroom unit in Tres Piedras costs $960 per month, which is 32.9% cheaper than the national average of $1,430 and 6.3% cheaper than the state average of $1,020.

Can I afford Tres Piedras?
To live comfortably in Tres Piedras (zip 87577), New Mexico, a minimum annual income of $75,240 for a family, and $33,200 for a single person is recommended.

What does A.I. say about Tres Piedras?
The cost of living in 87577 Tres Piedras, NM is slightly higher than the national average. This is due to its rural location and lack of nearby employment opportunities. The estimated monthly housing costs in the area are around $1,063 for a one-bedroom rental and $1,440 for a two-bedroom rental. Groceries are also slightly more expensive than the national average due to the remote location. The overall cost of living index for 87577 Tres Piedras, NM is 97.9, which is slightly higher than the US average of 100. It's important to consider these factors when deciding if 87577 Tres Piedras, NM is an ideal place to live.
   Cost of living score
     CategoriesTres PiedrasNew MexicoUnited States
  96.088.4100.0
  92.293.3100
  84.582.6100.0
  102.284.3100.0
  $393,600$267,100$338,100
  102.5%100.4%100.0%
  73.884.6100.0
  97.385.5100.0

   100=National Average

   Average Rent by Bedroom Size
Crime