Housing costs in City of the Sun?
A typical home costs
$157,700, which is 53.4% less expensive than the national average of
$338,100 and 41.0% less expensive than the average New Mexico home, at
$267,100. Renting a two-bedroom unit in City of the Sun costs
$800 per month, which is 44.1% cheaper than the national average of
$1,430 and 27.5% cheaper than the state average of
$1,020.
Can I afford City of the Sun?
To live comfortably in City of the Sun, New Mexico, a minimum annual income of
$30,240 for a family, and
$24,400 for a single person is recommended.
What does A.I. say about City of the Sun?
The cost of living in City of the Sun, NM is quite affordable. The town has some of the lowest housing prices in the region and overall, it is very inexpensive to live here. The average rent for a two-bedroom apartment is only around $750 per month, and groceries are similarly priced to that of other locations in the area. Gasoline prices are also lower than the national average, making it easier to get around. Additionally, there are no state income taxes or sales taxes which helps to further reduce costs. Overall, City of the Sun provides a great option for those looking for an affordable place to settle down.