Housing costs in Taos?
A typical home costs
$386,900, which is 14.4% more expensive than the national average of
$338,100 and 44.9% more expensive than the average New Mexico home, at
$267,100. Renting a two-bedroom unit in Taos costs
$960 per month, which is 32.9% cheaper than the national average of
$1,430 and 6.3% cheaper than the state average of
$1,020.
Can I afford Taos?
To live comfortably in Taos, New Mexico, a minimum annual income of
$74,160 for a family, and
$33,200 for a single person is recommended.
What does A.I. say about Taos?
The cost of living in Taos, NM is relatively low compared to many other places in the United States. The housing costs are below the national average and the overall cost of living index is lower than most cities. Prices for goods, services, and groceries are all affordable and residents can enjoy a variety of activities without breaking the bank. With its natural beauty, cultural attractions, and excellent quality of life, Taos offers an attractive option for those looking for a place to call home without the high cost of living that often comes with big cities.