Bloomfield, NM, offers a cost of living that is slightly lower than the nationwide average. The overall cost of living index for Bloomfield stands at 91, which is 9% below the national average of 100. This makes it a more affordable option for housing, groceries, utilities, and miscellaneous expenses, though transportation and healthcare costs are slightly above average.
Job seekers considering Bloomfield will find that their housing costs are 15% lower, groceries 5% lower, and utilities 10% lower than the national average. However, transportation costs are 8% higher, and healthcare costs are 2% higher. This balanced mix of costs provides a competitive edge for those looking to relocate.
The cost of living in Bloomfield, NM, presents a mix of affordability and slight increases compared to the nationwide average. Housing costs in Bloomfield stand at 85, which is 15% below the national average. This makes it a more budget-friendly option for those looking to settle down. Groceries, another essential expense, are priced at 95, which is 5% above the national average. This slight increase suggests that while groceries are relatively affordable, they are not as cheap as in some other areas.
Utilities in Bloomfield are at 90, which is 10% below the national average. This indicates that residents can expect to spend less on essential services like electricity and water. Transportation costs are slightly higher, with an index of 98, meaning they are 2% above the national average. Healthcare costs in Bloomfield are at 92, which is 8% below the national average, offering a more affordable option for medical expenses. Miscellaneous costs are at 87, which is 13% below the national average, providing additional savings in everyday spending. Overall, Bloomfield offers a cost of living that is generally lower than the national average, making it an attractive choice for those looking to manage their expenses effectively.
