Housing costs in Morningside?
A typical home costs
$44,000, which is 87.0% less expensive than the national average of
$338,100 and 83.5% less expensive than the average New Mexico home, at
$267,100. Renting a two-bedroom unit in Morningside costs
$1,010 per month, which is 29.4% cheaper than the national average of
$1,430 and close to the state average of
$1,020.
Can I afford Morningside?
To live comfortably in Morningside, New Mexico, a minimum annual income of
$8,280 for a family, and
$35,600 for a single person is recommended.
What does A.I. say about Morningside?
Morningside, NM is a great place to live for those looking for an affordable place to call home. The cost of living in Morningside is well below the national average and offers plenty of opportunities to stretch your budget. Housing costs are very affordable, with the median rent for a one bedroom apartment averaging under $700 per month. Utilities tend to stay low, with the average monthly electric bill costing approximately $100. Groceries are also reasonably priced and local restaurants offer plenty of dining options at reasonable prices. Overall, Morningside is one of the most economical places in New Mexico to live.