The cost of living index for Bernalillo, New Mexico, reveals that residents generally spend less than the nationwide average across several categories. Housing, for instance, stands at 92%, which means it costs 8% less than the national average. Groceries, utilities, transportation, healthcare, and miscellaneous expenses also align closely with the national average, ranging from 94% to 97%. Overall, the cost of living in Bernalillo, NM, remains slightly below the national average, with the highest category being utilities at 97%. This makes Bernalillo a relatively affordable place to live when compared to the rest of the country.
The cost of living in Bernalillo, NM, compared to the nationwide average, presents a generally balanced picture. Bernalillo’s housing index stands at 92, indicating that it costs 8% less to live there compared to the average city in the United States. Similarly, the groceries index at 95 shows that prices for food are only 5% below the national average, making it slightly affordable in this category.
When it comes to utilities and transportation, Bernalillo residents benefit from costs very close to the nationwide average. The utility index at 97 means expenses for services like electricity and gas are just 3% above the national average. Similarly, the transportation index at 97 suggests that the cost of commuting is also just 3% above the national average. Healthcare costs in Bernalillo are at 95, aligning closely with the national average, with only a minor 5% difference. Lastly, the miscellaneous index of 94 shows that other expenses like entertainment and personal care are 6% below the national average. Overall, Bernalillo offers a cost of living that is slightly below the national average across multiple categories, making it a cost-effective place to live.
