Belen, NM, shows a more affordable living environment compared to the nationwide average, with an overall cost of living index of 87. This reflects a 13% lower cost of living compared to the national average of 100. The city offers particularly lower costs in housing and miscellaneous expenses, while utilities, transportation, and healthcare remain close to the national average. This makes Belen an attractive option for those seeking a balanced lifestyle at a reduced cost.
Belen, New Mexico, presents a cost of living index that diverges notably from the nationwide average. With a cost of living index set at 100 for the entire country, Belen has a lower housing index of 75. This means that housing costs in Belen are 25% cheaper than the average city in the United States. This significant reduction in housing expenses makes Belen an attractive option for individuals seeking affordable living arrangements without sacrificing quality.
Other areas in Belen also show differences when compared to the national average. For instance, groceries cost slightly less at an index of 90, translating to a 10% reduction. Utilities in Belen are also more affordable, with an index of 85, meaning they are 15% cheaper than the average. Transportation costs are somewhat higher, with an index of 95, reflecting a 5% increase. Healthcare costs in Belen align precisely with the national average at 100, providing no change in expense. Miscellaneous costs also stand at 80, which is 20% less than the national average. These variations showcase Belen as a place where residents can save on several living expenses, making it a practical choice for many.