Belen, New Mexico, offers a lower cost of living compared to the nationwide average. The overall cost of living index in Belen is 89, which is 11% lower than the national average of 100. This reduction is primarily due to the housing index, which stands at 83, significantly below the average. Other categories like groceries, utilities, transportation, healthcare, and miscellaneous expenses also contribute to this lower index, making Belen an attractive option for those seeking affordability.
Belen, New Mexico, offers a cost of living that is notably lower than the nationwide average. The cost of living index for Belen stands at 88, which is 12% below the national average of 100. This lower index suggests that residents can expect to pay less for their everyday expenses compared to the average American.
Housing costs in Belen are particularly favorable, with an index of 83. This means that housing expenses are 17% lower than the national average. This affordability can be a significant factor for job seekers looking to relocate. Groceries, utilities, transportation, healthcare, and miscellaneous expenses also show a trend below the national average, though not as dramatically. Groceries and utilities both have an index of 95, making them only 5% cheaper than the national average. Transportation costs are at 90, which is 10% lower, while healthcare and miscellaneous expenses are at 90 and 85, respectively, both 10% and 15% below the national average. Overall, Belen provides a cost-effective living environment for those considering a move.
