Housing costs in Corrales?
A typical home costs
$603,400, which is 78.5% more expensive than the national average of
$338,100 and 125.9% more expensive than the average New Mexico home, at
$267,100. Renting a two-bedroom unit in Corrales costs
$1,380 per month, which is 3.5% cheaper than the national average of
$1,430 and 26.1% more than the state average of
$1,020.
Can I afford Corrales?
To live comfortably in Corrales, New Mexico, a minimum annual income of
$115,560 for a family, and
$45,600 for a single person is recommended.
What does A.I. say about Corrales?
The cost of living in Corrales, NM is fairly moderate compared to many other cities. The median home price in the area is about $350,000, which is lower than the national average and makes it a great opportunity for first-time home buyers and families looking for a place to settle down. Renters can also find affordable prices in the area, with average monthly rent prices ranging from $800 - $1,000 depending on the size and location of the house or apartment. Utilities are standard compared to other cities across the country as well. Overall, Corrales provides great value for anyone looking to live in an enjoyable and desirable location.