Cost of Living in Chical, NM
Population: 148 | New Mexico
Chical is 2% less expensive than the national average.
Cost of Living in Chical, NM: What You Need to Know
With a cost of living index of 98, Chical, NM is slightly more affordable than average. Living here is 2% cheaper than the national average and 12% above the New Mexico state average of 86. Chical is a small community of 148 residents.
The median household income in Chical is $83,304, which is 11% higher than the national median of $75,149.
Everyday prices in the Albuquerque, NM (Metropolitan Statistical Area) metro area are generally below the national average. Out of 6 common items tracked by the Bureau of Labor Statistics, 6 are priced lower than the US average. These real-world prices — from groceries to electricity — add up and should be factored into any cost of living comparison.
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
- $83,304
- vs US Median ($75,149)
- +11%
Housing
- Median Monthly Housing Cost
- $1,110/mo
Everyday Prices in Chical
BLS Average Prices for the Albuquerque, NM (Metropolitan Statistical Area) area