Bernalillo, NM, offers a relatively affordable cost of living when compared to the nationwide average. Specifically, the overall cost of living index in Bernalillo stands at 91, which is 9% lower than the national average of 100. This index reflects lower housing costs, which are at 85, and still relatively accessible prices for groceries, utilities, transportation, healthcare, and miscellaneous expenses. This makes Bernalillo an attractive location for job seekers looking for more affordable living conditions.
Bernalillo County, New Mexico, presents a cost of living that deviates slightly from the nationwide average, which is set at 100. Housing costs in Bernalillo are notably lower at 85, meaning residents can expect to spend 15% less on housing compared to the national average. This makes it an attractive area for those looking to manage their living expenses effectively.
In addition to housing, other key areas such as groceries, utilities, transportation, healthcare, and miscellaneous expenses also offer competitive rates. Groceries in Bernalillo are priced at 95, indicating a 5% lower cost than the average. Utilities, which are crucial for daily living, are slightly above the average at 97. Transportation costs stand at 92, which is 8% below the national average, providing a significant saving for commuters and families. Healthcare costs, critical for well-being, are at 90, again 10% lower than average. Miscellaneous expenses, including entertainment and personal care, are at 88, suggesting an overall 12% reduction in daily living costs.
