Housing costs in Cedar Crest?
A typical home costs
$410,400, which is 21.4% more expensive than the national average of
$338,100 and 53.7% more expensive than the average New Mexico home, at
$267,100. Renting a two-bedroom unit in Cedar Crest costs
$1,660 per month, which is 16.1% more than the national average of
$1,430 and 38.6% more than the state average of
$1,020.
Can I afford Cedar Crest?
To live comfortably in Cedar Crest, New Mexico, a minimum annual income of
$78,480 for a family, and
$54,400 for a single person is recommended.
What does A.I. say about Cedar Crest?
The cost of living in Cedar Crest, NM is quite affordable. The median household income is low compared to the national average, but the overall cost of goods and services is also low. Housing costs are especially low, with an average home costing approximately 45% less than the typical American home. Other costs such as food, utilities, transportation, and health care are also significantly lower than the average in other parts of the United States. This makes Cedar Crest an attractive choice for those looking for a place to live without breaking the bank.