Artesia, NM, offers a cost of living that is slightly below the nationwide average. The overall cost of living index for Artesia stands at 91, which is 9% lower than the national average of 100. This makes Artesia a more affordable place to live in terms of housing, groceries, utilities, transportation, healthcare, and miscellaneous expenses. Job seekers looking for a balance between quality of life and affordability may find Artesia an attractive option.
Artesia, New Mexico, offers a cost of living that is notably lower than the nationwide average. The cost of living index for Artesia stands at 89, which is 11% below the national average of 100. This lower cost of living is particularly evident in housing, where the index is 85, reflecting a 15% reduction compared to the national average. Job seekers will find that housing expenses in Artesia are more affordable, making it easier to manage budgets.
In addition to housing, other areas such as groceries, utilities, and transportation also show a lower cost of living in Artesia. The grocery index is 92, which is 8% below the national average. Utilities cost 95, which is 5% lower, and transportation costs 90, which is 10% lower. These savings can add up, allowing individuals to allocate more of their income to other needs or savings. Healthcare, however, is slightly above the national average at 98, indicating a minor increase in costs in this area. Overall, Artesia provides a cost-effective living environment for many essential expenses.
