Housing costs in Loving?
A typical home costs
$139,400, which is 58.8% less expensive than the national average of
$338,100 and 47.8% less expensive than the average New Mexico home, at
$267,100. Renting a two-bedroom unit in Loving costs
$1,000 per month, which is 30.1% cheaper than the national average of
$1,430 and 2.0% cheaper than the state average of
$1,020.
Can I afford Loving?
To live comfortably in Loving, New Mexico, a minimum annual income of
$26,640 for a family, and
$35,200 for a single person is recommended.
What does A.I. say about Loving?
The cost of living in Loving, NM is relatively low compared to other cities in the United States. The median home value is only $55,400, and rental prices hover around $690 per month for a one-bedroom apartment. Other costs of living such as groceries, transportation, healthcare, and utilities are also fairly low. Residents of Loving enjoy a high quality of life at an affordable cost that helps stretch their income further than most other places in the country.