Housing costs in San Rafael?
A typical home costs
$109,800, which is 67.5% less expensive than the national average of
$338,100 and 58.9% less expensive than the average New Mexico home, at
$267,100. Renting a two-bedroom unit in San Rafael costs
$780 per month, which is 45.5% cheaper than the national average of
$1,430 and 30.8% cheaper than the state average of
$1,020.
Can I afford San Rafael?
To live comfortably in San Rafael, New Mexico, a minimum annual income of
$20,880 for a family, and
$24,800 for a single person is recommended.
What does A.I. say about San Rafael?
San Rafael, NM is an affordable place to live. According to BestPlaces, the cost of living index for San Rafael is 82.63, which is lower than the US average of 100. This makes it an ideal location for anyone looking to save money while still having access to all the amenities and opportunities that a major city offers. Housing prices in San Rafael are very reasonable with the median price for a three bedroom house around $112,500. Utilities are also quite inexpensive compared to other cities in the United States. Additionally, food costs in San Rafael are relatively low, with groceries being 15% cheaper than the national average and restaurants costing about 17% less than elsewhere in the country.