Belen, New Mexico, offers a cost of living index that is notably lower than the nationwide average. Housing in Belen stands at 75, meaning it costs about 25% less than the national average. Other categories like groceries, utilities, transportation, healthcare, and miscellaneous expenses also reflect lower costs, with the highest being utilities at 95, only 5% above the average. Belen presents a compelling opportunity for job seekers due to its lower overall cost of living. The comprehensive index reveals savings in key areas, with housing being the most significant, at 25% below the national average. This advantageous economic environment can enhance potential savings and overall quality of life for those considering relocating to Belen, New Mexico.
The cost of living index in Belen, New Mexico, reveals a generally affordable lifestyle compared to the nationwide average, which is set at 100. The housing cost index stands at 75, indicating that housing expenses in Belen are 25% lower than the national average. This affordability can be a significant advantage for individuals or families seeking a more economical place to live without sacrificing too much comfort.
In addition to housing, other living expenses also present favorable comparisons. For groceries, Belen's index is 90, suggesting that food costs are only 10% below the nationwide standard. Utilities, which are crucial for daily living, have an index of 95, meaning they are just 5% below the average. Transportation costs follow at 85, indicating a 15% reduction. While healthcare costs, at 92, are slightly above the average by 2%, they remain relatively accessible. Miscellaneous expenses, with an index of 88, show an affordable trend that is 12% below the national average. Overall, Belen presents a living environment that is notably economical across various aspects of daily life.
