Bloomfield, NM, offers a cost of living slightly below the national average. The cost of living index for Bloomfield stands at 90, which is 10% lower than the nationwide average of 100. This means residents can generally expect to spend less on their overall living expenses compared to the average American household.
Individuals considering a move to Bloomfield will find that several categories show reduced costs. Housing, groceries, and miscellaneous expenses are notably lower, with indices of 85, 90, and 88, respectively. Utilities, transportation, and healthcare costs are close to the national average, making Bloomfield an attractive option for those looking for affordable living.
The cost of living in Bloomfield, NM, shows some differences when compared to the nationwide average, which is set at 100. In Bloomfield, housing costs 85% of the national average, which means it is 15% lower. This is a significant advantage for those looking to save on housing expenses.
When looking at other aspects of the cost of living, grocery prices in Bloomfield stand at 90% of the national average. This indicates that groceries are just 10% cheaper than the average U.S. prices. Utilities in Bloomfield are priced at 95% of the national average, making them slightly cheaper by 5%. Transportation costs are also close to the national average, coming in at 92%, or 8% less expensive. Healthcare costs match the national average at 100%, meaning no difference in cost here. Finally, miscellaneous costs are at 88%, showing an overall 12% savings compared to the national average. These figures highlight Bloomfield's generally affordable living costs.
