Housing costs in Carlsbad?
A typical home costs
$183,800, which is 45.6% less expensive than the national average of
$338,100 and 31.2% less expensive than the average New Mexico home, at
$267,100. Renting a two-bedroom unit in Carlsbad costs
$990 per month, which is 30.8% cheaper than the national average of
$1,430 and 3.0% cheaper than the state average of
$1,020.
Can I afford Carlsbad?
To live comfortably in Carlsbad, New Mexico, a minimum annual income of
$35,280 for a family, and
$35,200 for a single person is recommended.
What does A.I. say about Carlsbad?
Carlsbad, NM is an affordable place to live, with a low cost of living index. The median household income in Carlsbad is around $40,000 while the median home value is just under $120,000. The cost of utilities and transportation are also lower than most cities across the United States. Overall, Carlsbad provides a great quality of life at a fraction of the cost compared to other cities in the country.