Cost of Living in Chaves County, NM
What does it cost to live in Chaves County? Income, housing, and affordability breakdown.
Median Income
$49,673
Median Rent
$850/mo
Median Home
$133,200
Affordability
527
Housing Cost Breakdown
Owning (20% down, 6.5%)
Renting
Living in Chaves County, New Mexico
Chaves County has a median household income of $49,673 with housing costs that represent 19% of income for owners and 20.5% for renters. Housing costs are within the recommended 30% of income threshold.
The affordability index of 527 (100 = median income perfectly covers median housing costs) gives a quick snapshot. Use our calculator for a comprehensive comparison across counties, including taxes, utilities, healthcare, and commute costs.
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