Housing costs in Bayard?
A typical home costs
$109,000, which is 67.8% less expensive than the national average of
$338,100 and 59.2% less expensive than the average New Mexico home, at
$267,100. Renting a two-bedroom unit in Bayard costs
$790 per month, which is 44.8% cheaper than the national average of
$1,430 and 29.1% cheaper than the state average of
$1,020.
Can I afford Bayard?
To live comfortably in Bayard, New Mexico, a minimum annual income of
$20,880 for a family, and
$26,800 for a single person is recommended.
What does A.I. say about Bayard?
The cost of living in Bayard, NM is relatively low compared to many other parts of the country. The median home price is around $87,500, and rental rates are quite affordable. Groceries and other basic necessities are also very reasonably priced. Overall, Bayard is an affordable place to live with plenty of opportunity for savings.