Housing costs in North Light Plant?
A typical home costs
$188,100, which is 44.4% less expensive than the national average of
$338,100 and 29.6% less expensive than the average New Mexico home, at
$267,100. Renting a two-bedroom unit in North Light Plant costs
$930 per month, which is 35.0% cheaper than the national average of
$1,430 and 9.7% cheaper than the state average of
$1,020.
Can I afford North Light Plant?
To live comfortably in North Light Plant, New Mexico, a minimum annual income of
$36,000 for a family, and
$31,200 for a single person is recommended.
What does A.I. say about North Light Plant?
The cost of living in North Light Plant, NM is relatively low compared to other parts of the country. The median home price is around $85,000, making it an affordable place to live. Property taxes are fairly low as well, only about 1% of the assessed value of the home. Utilities are also lower than average with electric and water rates being some of the most affordable in the state. Groceries and other everyday items tend to be a bit more expensive than in larger cities due to the limited availability of stores and services in North Light Plant, but overall it is still considered to be quite affordable.