Zip 87416 (Upper Fruitland, NM) Cost of Living


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How much do I need to live in Upper Fruitland, New Mexico?
$3,240 / month
for a family, 40.0% less expensive than the national average A total of $38,880 for the year for a family.
$3,200 / month
for a single person, 32.9% less expensive than the national average A total of $38,400 for the year for a single person.

Upper Fruitland cost of living score
79.5
Less expensive
20.5% lower
than the US average
10.1% lower
than the New Mexico average
Upper Fruitland (zip 87416), New Mexico gets a BestPlaces Cost of Living score of 79.5, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 20.5% lower than the U.S. average and 10.1% higher than the average for New Mexico.

Zip 87416 (Upper Fruitland, NM)

Housing costs in Upper Fruitland?
A typical home costs $202,000, which is 40.3% less expensive than the national average of $338,100 and 24.4% less expensive than the average New Mexico home, at $267,100. Renting a two-bedroom unit in Upper Fruitland costs $1,140 per month, which is 11.8% more than the national average of $1,020 and 20.2% more than the state average of $910.

Can I afford Upper Fruitland?
To live comfortably in Upper Fruitland (zip 87416), New Mexico, a minimum annual income of $38,880 for a family, and $38,400 for a single person is recommended.

What does A.I. say about Upper Fruitland?
The cost of living in 87416 Upper Fruitland, NM is relatively low when compared to other parts of the country. The median home value is just over $101,000 and the median gross rent is just under $500 per month. In addition, the cost of goods and services are also relatively low with groceries costing about 10% less than the national average and utilities costing around 6% less than the average. With its low cost of living, 87416 Upper Fruitland, NM is an ideal place for those looking to stretch their budget further and enjoy a comfortable lifestyle without breaking the bank.
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesUpper FruitlandNew MexicoUnited States
    Unlock88.4100.0
  89.7  Unlock100.0
    Unlock82.6100.0
  57.8  Unlock100.0
    Unlock$267,100$338,100
  97.3  Unlock100.0
    Unlock84.6100.0
  77.9  Unlock100.0

   100=National Average

   Average Rent by Bedroom Size
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