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Cost of Living in Catron County

Is it better to rent or buy in Catron County? Explore median costs, utility estimates, and run the numbers on your own budget to see how far your income goes.

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Rent vs. Buy Affordability Calculator

Adjust the sliders to match your scenario. We recommend keeping total housing costs under 40% of your gross income.

$47,305
$718/mo

Median in area: $718

$188,042

Median in area: $188,042

$37,608

If you Rent

🔑
$922 /mo
Base Rent$718
Est. Utilities$204
% of Income23.4%
Pre-tax Residual$3,020

If you Buy

🏠
$1,351 /mo
P&I (7.128%)$1,014
Taxes & Ins$133
Est. Utilities$204
% of Income34.3%
Pre-tax Residual$2,591

Compare Nearby Areas

See how Catron County stacks up against neighboring areas.

countyGreenlee County, AZ
$637/mo
countyApache County, AZ
$686/mo
countyGrant County, NM
$764/mo
countyCibola County, NM
$759/mo
countySocorro County, NM
$674/mo

Cost of Living FAQs

Is it cheaper to rent or buy in Catron County?›

Based on median housing data, renting is currently more affordable on a monthly basis in Catron County. The estimated all-in monthly cost for renting is $922, while owning a median-priced home with a 20% down payment is roughly $1,351 per month (a difference of $429).

How much do utilities cost in Catron County?›

The average monthly utility cost (electricity and natural gas) for a typical home in Catron County is approximately $204. This estimate uses local utility rate schedules combined with median energy consumption profiles.

What is a good salary to live comfortably in Catron County?›

To comfortably afford the median rent and utilities in Catron County without exceeding the recommended 30% housing-to-income threshold, a household should earn a gross salary of approximately $36,880 per year.