Housing costs in Raton?
A typical home costs
$133,400, which is 60.5% less expensive than the national average of
$338,100 and 50.1% less expensive than the average New Mexico home, at
$267,100. Renting a two-bedroom unit in Raton costs
$780 per month, which is 45.5% cheaper than the national average of
$1,430 and 30.8% cheaper than the state average of
$1,020.
Can I afford Raton?
To live comfortably in Raton, New Mexico, a minimum annual income of
$25,560 for a family, and
$27,600 for a single person is recommended.
What does A.I. say about Raton?
The cost of living in Raton, NM is relatively low compared to other cities in the United States. The city has a median home value of around $120,000 and the median rent for a two-bedroom apartment is around $700 per month. Groceries, transportation, and healthcare costs are all fairly affordable as well. Overall, living in Raton can be a great choice for those looking for an affordable place to call home.