Housing costs in Des Moines?
A typical home costs
$97,300, which is 71.2% less expensive than the national average of
$338,100 and 63.6% less expensive than the average New Mexico home, at
$267,100. Renting a two-bedroom unit in Des Moines costs
$770 per month, which is 46.2% cheaper than the national average of
$1,430 and 32.5% cheaper than the state average of
$1,020.
Can I afford Des Moines?
To live comfortably in Des Moines, New Mexico, a minimum annual income of
$18,720 for a family, and
$24,400 for a single person is recommended.
What does A.I. say about Des Moines?
The cost of living in Des Moines, NM is fairly affordable. The median home price is around $170,000 and the average rent for a two-bedroom apartment is just over $900. Prices for groceries, utilities and other necessities are all relatively moderate. Transportation can be expensive, but with the availability of bike paths, public transportation and ride-sharing services, it's possible to get around without breaking the bank. Overall, Des Moines offers a great balance between affordability and quality of life.