Cost of Living in Boles Acres, NM
Population: 1,967 | New Mexico
Boles Acres is 12% less expensive than the national average.
Cost of Living in Boles Acres, NM: What You Need to Know
With a cost of living index of 88, Boles Acres, NM is a very affordable place to live. Living here is 12% cheaper than the national average and in line with the New Mexico state average. Boles Acres is a small community of 1,967 residents.
The median household income in Boles Acres is $65,673, which is 13% lower than the national median of $75,149. Lower incomes here are balanced by the significantly lower cost of living, stretching each dollar further.
Data sources: US Census Bureau (ACS 2023), Zillow Home Values, HUD Fair Market Rents, BEA Regional Price Parities, BLS Average Prices, and NOAA Climate Normals. Updated monthly.
Income
- Median Household Income
- $65,673
- vs US Median ($75,149)
- -13%
Housing
- Median Home Value
- $194,500
- Median Monthly Housing Cost
- $660/mo