Cost Of Living
The overall cost of living in this area is much lower than average. This includes everyday goods and services, as well as housing, utilities and health care.
Employment
The combination of higher than average median home income, income per capita and low unemployment rates results in a score that is well above average in the employment category.
Housing
This area has received high scores in the housing category. This could be due to a positive home affordability ratio, high appreciation rates or elevated home values.
Amenities
A majority of amenities are not ideally situated within a reasonable walking distance, which may lead residents to rely on a vehicle or public transportation.
Commute
Public transportation is not readily available in this area and the average commute time to work could also be longer than the national average.
Health & Safety
Poor air quality and the inaccessibility of certain health related facilities like hospitals, clinics, doctors and pharmacies could have all contributed to the low score in this category.
Schools
Lower than average education levels, poor reading and math scores, as well as the inaccessibility of local elementary and high schools could all be factors in the low schools score.
Chimayo, New Mexico is a smaller city with a population of 2,779 people. More than a quarter of the residents of Chimayo identify themselves as Hispanic or Latino, and 76% of the population speak Spanish as their primary or secondary language. An important consideration when living in Chimayo is the longer-than-average commute times. If you seek a short work commute, this area may not be the best choice for you. The one-way commute time here typically takes 34 minutes, far surpassing the national average of 26 minutes.
If you’re considering relocating to any new city, it could be a very discouraging task. However, it could also be a positive experience if you are willing to get to know the city before actually living in Chimayo, New Mexico. When searching for a new neighborhood, several key items should be considered. Safety is of utmost importance, ensuring a secure environment with low crime. Proximity to your workplace or school helps reduce commuting time and offers convenience. Access to amenities such as parks, grocery stores, and healthcare facilities enhances your daily life. Public transportation options contribute to easy mobility. A sense of community fosters a supportive and engaging environment. Lastly, the overall atmosphere should align with your desired lifestyle, ensuring a fulfilling living experience. Considering these items will guide you towards finding the perfect neighborhood that fits all your needs. To help you find the best places to live in and around Chimayo, AreaVibes has created a livability score using key metrics like amenities, crime, commute, health & safety, employment and more.
The livability score in Chimayo is 67/100 and the city is ranked in the 70th percentile of all cities across America. Based on the grades for each individual category, Chimayo has been rewarded with high marks for employment (A-). On a less positive note, Chimayo does not have favorable grades for the following: amenities (F). If we take a look at the data, we can find out why.
Managing monthly expenses, from grocery bills to never-ending utility costs, can swiftly accumulate. Fortunately, we're delighted to share that the cost of living in Chimayo is 20.29% lower than the national average. This translates to a tangible reduction in those persistent monthly expenditures, making Chimayo a city where you can anticipate lower costs across the board when compared to many other urban areas. This financial advantage not only eases the burden of day-to-day living but also allows for a more budget-friendly lifestyle, ensuring that your hard-earned money goes further and providing an appealing incentive for those seeking to improve their financial well-being in a world where expenses continue to rise.
When contemplating a move, job prospects often top the list of priorities. In Chimayo, the outlook for new employment is notably brighter than in many other areas. The low unemployment rate of 0.44% points to a surge in job opportunities, the potential for higher wages, enhanced workforce productivity and increased economic growth. These favorable conditions bode well for individuals seeking career advancement and financial stability, making this area an appealing destination for those prioritizing professional opportunities and economic prosperity.
For home buyers, real estate will be the largest purchase they will ever make and it will also be their most valuable asset. For renters, the monthly rent paid on their Chimayo apartments will most likely be their largest expense. Based on tangible metrics like home and rental affordability and appreciation rates, housing in this area has received a score that is well above the average of every other US city. A thriving real estate market can also generate strong local economic activity and job creation.
Certain items on your wish list like shopping, restaurants, nightlife, parks and proximity to public transportation are all important things to look for. Having said that, perhaps the most important metric to consider when contemplating a move to Chimayo is real estate affordability. The median home price for Chimayo homes is $172,800, which is 6.9% higher than the New Mexico average. If we take a closer look at the affordability of homes in Chimayo, we’ll see that the home price to income ratio is 2.8, which is 20% lower than the New Mexico average.
| Statistic | Chimayo | New Mexico | National |
| Average one way commute | 34min | 22min | 26min |
| Workers who drive to work | 97.7% | 79.8% | 76.4% |
| Workers who carpool | 0.0% | 10.1% | 9.3% |
| Workers who take public transit | 2.3% | 1.2% | 5.1% |
| Workers who bicycle | 0.0% | 0.7% | 0.6% |
| Workers who walk | 0.0% | 2.2% | 2.8% |
| Working from home | 0.0% | 4.7% | 4.6% |
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