Housing costs in Ramah?
A typical home costs
$180,400, which is 46.6% less expensive than the national average of
$338,100 and 32.5% less expensive than the average New Mexico home, at
$267,100. Renting a two-bedroom unit in Ramah costs
$790 per month, which is 44.8% cheaper than the national average of
$1,430 and 29.1% cheaper than the state average of
$1,020.
Can I afford Ramah?
To live comfortably in Ramah, New Mexico, a minimum annual income of
$34,560 for a family, and
$26,800 for a single person is recommended.
What does A.I. say about Ramah?
The cost of living in Ramah, NM is relatively low compared to other cities in the same area. The median home value is around $135,000 and the median rent is about $850 per month. This makes housing very affordable for many people, especially those on a budget. Utilities are also quite low due to the small population and lack of industry nearby. Grocery prices are reasonable and there are plenty of local restaurants serving up traditional Southwestern cuisine at reasonable prices. Overall, living in Ramah can be a great bargain for anyone looking for an affordable place to live with great outdoor activities nearby.