A+
Overall 27%
Goods & Services 14%
Housing 66%
Date & Last Updated: This data reflects 2019 and was released from C2ER in January, 2020; this is the most current data available.
The cost of living index is based on a national average of 100. For example, if the cost of living is 90, then it is 10% lower than average. If the cost of living is 110, then it is 10% higher than average. The breakdown for each index is as follows: goods & services (33%), groceries (13%), health care (5%), housing (30%), transportation (9%) and utilities (10%). If the cost of living data was unavailable for this city, estimates based upon nearby cities were used.
IndexPlacitas CDP (Doña Ana County)New MexicoNational
Cost of living7391100
Goods & Services8691100
Groceries9796100
Health care9898100
Housing3486100
Transportation8790100
Utilities9491100

Key findings

  • The cost of living in Placitas CDP (Doña Ana County) is 19% lower than the New Mexico average
  • The cost of living in Placitas CDP (Doña Ana County) is 27% lower than the national average
  • Placitas CDP (Doña Ana County) housing is 66% lower than the national average
  • New Mexico general sales tax is 1% higher than the national average
  • New Mexico state income tax is 31% lower than the national average

Most Affordable Places to Live in and Around Placitas CDP (Doña Ana County)

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      Salary Calculator

      This is how much you would need to earn in
      Price difference in compared to
      Cost of living index
      Goods & Services index
      Groceries index
      Health care index
      Housing index
      Transportation index
      Utilities index

      Median Income & Debt-To-Income Ratio

      Median IncomePer YearPer MonthMax Budget (28% DTI)Max Budget (36% DTI)
      Owners$0$0$0$0
      Renters$0$0$0$0
      A good indicator of the general affordability of housing in Placitas CDP (Doña Ana County), NM, is the percentage of monthly income that should be spent on housing expenses, otherwise known as the debt-to-income ratio (DTI). Generally speaking, no more than 28 percent of your total gross income should be spent on your housing expenses and not more than 36 percent of your gross income on total expenses, including debts. In Placitas CDP (Doña Ana County), the median monthly income is $0 for those who own their own homes. Under the standard rule, that income level would allow for $0 to be budgeted for housing expenses each month, at the most. Renters, on the other hand, earn about $0, per the median income in the area. That would allow for renters to spend up to $0 on monthly rental expenses.

      New Mexico Sales Tax

      StateGeneral Sales TaxWith Max Surtax
      New Mexico5.125%8.688%

      New Mexico Income Tax

      StateIncome Tax (Low)Income Tax (High)
      New Mexico1.7%4.9%

      Goods & Services

      ItemPlacitas CDP (Doña Ana County)National avg.Difference
      Haircut $18.38$18.621.3%
      Beauty Salon $35.53$39.059.0%
      Toothpaste $2.79$2.3419.0%
      Shampoo $0.92$1.0612.6%
      Movie $9.50$10.6811.1%
      Bowling $11.20$14.6723.7%

      Groceries

      ItemPlacitas CDP (Doña Ana County)National avg.Difference
      Ground Beef $4.90$4.2216.2%
      Fried Chicken $1.11$1.3919.9%
      Milk $1.96$2.054.2%
      Potatoes $3.05$3.297.4%
      Pizza $9.67$10.628.9%
      Beer $8.22$9.3812.4%

      Health Care

      ItemPlacitas CDP (Doña Ana County)National avg.Difference
      Optometrist $118.86$108.579.5%
      Doctor $127.67$116.179.9%
      Dentist $86.56$99.1312.7%
      Ibuprofen $9.15$9.685.5%
      Lipitor $476.81$466.922.1%

      Housing

      ItemPlacitas CDP (Doña Ana County)National avg.Difference
      Home Price $0.00$184,700.00100.0%
      Avg. Mortgage Payment $1,000.88$1,197.4216.4%
      Apartment Rent $327.00$949.0065.5%

      Transportation

      ItemPlacitas CDP (Doña Ana County)National avg.Difference
      Gasoline $1.97$2.2211.5%
      Tire Balancing $40.79$50.0718.5%

      Utilities

      ItemPlacitas CDP (Doña Ana County)National avg.Difference
      All Electricity$150.01$167.6710.5%
      Phone $183.97$175.644.7%
      Although the cost of living data is updated regularly, this cost of living information is to be used as estimates only as prices can change on an ongoing basis.

      Nearby cities with low cost of living

      City, StatePopulationCost of Living IndexNational Avg.
      San Antonito CDP (Socorro County), NM3396-4%
      Golden, NM3396-4%
      Monterey Park, NM1,77170-30%
      Santo Domingo Pueblo, NM2,73777-23%
      Santa Ana Pueblo, NM61978-22%
      Placitas CDP (Doña Ana County), NM72573-27%

      Cities with similar population

      City, StatePopulationCost of Living IndexNational Avg.
      Wilson, KS72577-23%
      Stockton, UT72597-3%
      New Holland, OH72581-19%
      Belle Terre, NY725221121%
      Herminie, PA72591-9%
      Placitas CDP (Doña Ana County), NM72573-27%
      Source: The Placitas CDP (Doña Ana County), NM cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for 2019.