Housing costs in Cordova?
A typical home costs
$130,300, which is 61.5% less expensive than the national average of
$338,100 and 51.2% less expensive than the average New Mexico home, at
$267,100. Renting a two-bedroom unit in Cordova 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 Cordova?
To live comfortably in Cordova, New Mexico, a minimum annual income of
$24,840 for a family, and
$27,200 for a single person is recommended.
What does A.I. say about Cordova?
The cost of living in Cordova, NM is relatively low compared to other places in the country. Housing costs are quite affordable and there are plenty of options for both buying and renting. The median home price is around $140,000 and the average rent for a two-bedroom apartment is around $800 per month. Groceries and other basic necessities are also generally very affordable. The cost of utilities such as electricity, water, and gas is quite reasonable as well. All in all, the cost of living in Cordova, NM is relatively low which makes it an attractive place to live for those on a budget or who want to stretch their dollar further.