Housing costs in Alamillo?
A typical home costs
$135,400, which is 60.0% less expensive than the national average of
$338,100 and 49.3% less expensive than the average New Mexico home, at
$267,100. Renting a two-bedroom unit in Alamillo 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 Alamillo?
To live comfortably in Alamillo, New Mexico, a minimum annual income of
$25,920 for a family, and
$23,600 for a single person is recommended.
What does A.I. say about Alamillo?
The cost of living in Alamillo, NM is quite reasonable. Housing costs are low, especially compared to other areas in the Southwest; according to BestPlaces, the monthly rent for a one-bedroom apartment in downtown Alamillo is just $588. Prices for groceries and utilities are also relatively low; electricity and water bills tend to average around $50 per month. With its low cost of living and proximity to larger cities like Albuquerque and Santa Fe, Alamillo is an attractive option for those looking to relocate or invest in property in the Southwest.