Housing costs in Mora?
A typical home costs
$205,600, which is 39.2% less expensive than the national average of
$338,100 and 23.0% less expensive than the average New Mexico home, at
$267,100. Renting a two-bedroom unit in Mora costs
$750 per month, which is 47.6% cheaper than the national average of
$1,430 and 36.0% cheaper than the state average of
$1,020.
Can I afford Mora?
To live comfortably in Mora, New Mexico, a minimum annual income of
$39,240 for a family, and
$24,000 for a single person is recommended.
What does A.I. say about Mora?
Mora, NM is relatively affordable when it comes to the cost of living. The cost of living index in Mora is 74.3, which is much lower than the national average of 100. This means that goods and services in Mora are significantly cheaper than elsewhere in the United States, making it an attractive destination for those looking to save money. Grocery prices are low and local restaurants often offer discounts on meals. In addition, rent prices are also more reasonable compared to other parts of the country, making it a great option for those who want to stretch their budget while still enjoying a pleasant lifestyle.