Zip 87578 (Truchas, NM) Cost of Living


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How much do I need to live in Truchas, 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.
$2,233 / month
for a single person, 53.2% less expensive than the national average A total of $26,800 for the year for a single person.

Truchas cost of living score
82.4
Less expensive
17.6% lower
than the US average
6.8% lower
than the New Mexico average
Truchas (zip 87578), New Mexico gets a BestPlaces Cost of Living score of 82.4, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 17.6% lower than the U.S. average and 6.8% higher than the average for New Mexico.

Zip 87578 (Truchas, NM)

Housing costs in Truchas?
A typical home costs $235,300, which is 30.4% less expensive than the national average of $338,100 and 11.9% less expensive than the average New Mexico home, at $267,100. Renting a two-bedroom unit in Truchas costs $770 per month, which is 24.5% cheaper than the national average of $1,020 and 3.9% cheaper than the state average of $800.

Can I afford Truchas?
To live comfortably in Truchas (zip 87578), New Mexico, a minimum annual income of $45,000 for a family, and $26,800 for a single person is recommended.

What does A.I. say about Truchas?
The cost of living in 87578 Truchas, NM is quite affordable. It has a lower cost of living index than the national average, making it an attractive place to live for those on a budget. The median home value in the area is around $105,000, which is lower than the national median home value of $184,000. Renters who choose to live in 87578 Truchas tend to pay around $660 per month in rent, which is significantly lower than the national average of $949 per month. Groceries and other essentials are also much cheaper than the national average. Overall, 87578 Truchas offers an excellent balance between affordability and quality of life.
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesTruchasNew MexicoUnited States
    Unlock88.4100.0
  100.4  Unlock100.0
    Unlock82.6100.0
  62.4  Unlock100.0
    Unlock$267,100$338,100
  99.6  Unlock100.0
    Unlock84.6100.0
  76.9  Unlock100.0

   100=National Average

   Average Rent by Bedroom Size
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