Housing costs in Gallup?
A typical home costs
$169,200, which is 50.0% less expensive than the national average of
$338,100 and 36.7% less expensive than the average New Mexico home, at
$267,100. Renting a two-bedroom unit in Gallup costs
$790 per month, which is 44.8% cheaper than the national average of
$1,430 and 29.1% cheaper than the state average of
$1,020.
Can I afford Gallup?
To live comfortably in Gallup, New Mexico, a minimum annual income of
$32,400 for a family, and
$26,800 for a single person is recommended.
What does A.I. say about Gallup?
The cost of living in Gallup, NM is slightly below the national average, making it a desirable place to live for those looking for affordability. The median home value in Gallup is around $125,000 which is more than $50,000 lower than the national median. The overall cost of groceries and healthcare are both slightly lower than the national averages as well. The low taxes and utilities also make living in Gallup an attractive option for those looking to stretch their budget.