Housing costs in Newcomb?
A typical home costs
$63,900, which is 81.1% less expensive than the national average of
$338,100 and 76.1% less expensive than the average New Mexico home, at
$267,100. Renting a two-bedroom unit in Newcomb costs
$800 per month, which is 44.1% cheaper than the national average of
$1,430 and 27.5% cheaper than the state average of
$1,020.
Can I afford Newcomb?
To live comfortably in Newcomb, New Mexico, a minimum annual income of
$12,240 for a family, and
$26,800 for a single person is recommended.
What does A.I. say about Newcomb?
Newcomb, NM is an affordable place to live. The cost of living is relatively low compared to other cities in the area. Housing costs are very reasonable with most one-bedroom apartments averaging around $500 per month and two-bedroom homes ranging from $700 to $900 per month. Groceries and other basic necessities also tend to be less expensive compared to other cities of similar size. Utilities such as electricity, water, and internet are also reasonably priced and easy to find in Newcomb. In short, living in Newcomb is a great way to enjoy a comfortable lifestyle without breaking the bank.