Bernalillo, NM, offers a cost of living slightly below the nationwide average. The overall cost of living index is 95, meaning it costs about 5% less than the national average of 100. This makes Bernalillo an attractive option for those seeking affordable living expenses while maintaining reasonable access to essential services.
Specifically, housing costs 8% less than the average, with an index of 92. Groceries also come in slightly cheaper at 5% under the national average, with an index of 95. Utilities, at 99, are almost on par with the average, while transportation costs are 10% lower. Healthcare and miscellaneous expenses match the national average, providing balanced affordability across major living categories.
The cost of living index in Bernalillo, NM, shows how expenses compare to the nationwide average, which is set at 100. In Bernalillo, housing costs slightly less, at 92. This means housing expenses are 8% below the national average. Job seekers might find this a significant advantage when budgeting for their living arrangements.
Bernalillo’s other cost categories also offer some insights. Groceries cost 95, which is 5% below the national average. Utilities are close to the average at 99. Transportation expenses are 10% lower at 90, potentially saving on commuting costs. Healthcare costs are exactly at par with the national average, offering no cost advantage or disadvantage. Miscellaneous expenses are at 97, which is 3% lower than the national average. Overall, these figures suggest that Bernalillo, NM, presents a cost of living that is slightly below the national average, making it a potentially attractive option for those seeking affordable living expenses.
