Housing costs in Mesilla?
A typical home costs
$263,900, which is 21.9% less expensive than the national average of
$338,100 and 1.2% less expensive than the average New Mexico home, at
$267,100. Renting a two-bedroom unit in Mesilla costs
$880 per month, which is 38.5% cheaper than the national average of
$1,430 and 15.9% cheaper than the state average of
$1,020.
Can I afford Mesilla?
To live comfortably in Mesilla, New Mexico, a minimum annual income of
$50,400 for a family, and
$30,400 for a single person is recommended.
What does A.I. say about Mesilla?
The cost of living in Mesilla, NM is reasonably low. According to BestPlaces, the cost of living index for Mesilla is 41.87, which is significantly lower than the national average of 100. The median home price in Mesilla is $168,500 and the average rent for a one-bedroom apartment is $709 per month. Utilities are relatively affordable at only $174 per month on average. Grocery costs are also lower than average at around $200 per month. While prices may be higher in some areas of town, overall the cost of living in Mesilla is quite low and offers great value for money.