Zip 87749 (Ute Park, NM) Cost of Living


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United States / New Mexico / No Metro Area / Colfax County / Ute Park / Ute Park (zip 87749)
How much do I need to live in Ute Park, New Mexico?
$3,120 / month
for a family, 42.2% less expensive than the national average A total of $37,440 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.

Ute Park cost of living score
77
Less expensive
23.0% lower
than the US average
12.9% lower
than the New Mexico average
Ute Park (zip 87749), New Mexico gets a BestPlaces Cost of Living score of 77, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 23.0% lower than the U.S. average and 12.9% higher than the average for New Mexico.

Zip 87749 (Ute Park, NM)

Housing costs in Ute Park?
A typical home costs $195,300, which is 42.2% less expensive than the national average of $338,100 and 26.9% less expensive than the average New Mexico home, at $267,100. Renting a two-bedroom unit in Ute Park costs $800 per month, which is 44.1% cheaper than the national average of $1,430 and 27.5% cheaper than the state average of $1,020.

Can I afford Ute Park?
To live comfortably in Ute Park (zip 87749), New Mexico, a minimum annual income of $37,440 for a family, and $28,400 for a single person is recommended.

What does A.I. say about Ute Park?
The cost of living in 87749 Ute Park, NM is relatively low compared to other areas. The median home price is $154,000 USD, which is lower than the national average. The monthly median rent is also quite affordable at just under $800 USD per month. Groceries and utilities are also much less expensive than the rest of the country. Additionally, there are no state income taxes in New Mexico, making it a great place for those looking to save money on their cost of living.
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesUte ParkNew MexicoUnited States
    Unlock88.4100.0
  96.3  Unlock100.0
    Unlock82.6100.0
  52.9  Unlock100.0
    Unlock$267,100$338,100
  109.6  Unlock100.0
    Unlock84.6100.0
  78.5  Unlock100.0

   100=National Average

   Average Rent by Bedroom Size
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