Housing costs in Rio Lucio?
A typical home costs
$175,900, which is 48.0% less expensive than the national average of
$338,100 and 34.1% less expensive than the average New Mexico home, at
$267,100. Renting a two-bedroom unit in Rio Lucio costs
$940 per month, which is 34.3% cheaper than the national average of
$1,430 and 8.5% cheaper than the state average of
$1,020.
Can I afford Rio Lucio?
To live comfortably in Rio Lucio, New Mexico, a minimum annual income of
$33,840 for a family, and
$32,400 for a single person is recommended.
What does A.I. say about Rio Lucio?
The cost of living in Rio Lucio, NM is quite affordable. The median home price in the area is $150,000, which is significantly lower than the national average of $231,200. Additionally, utilities are quite reasonable and the cost of groceries is relatively low. Apartments tend to be more expensive than surrounding towns, however they still offer value for money. Overall, Rio Lucio is a great place to live for those on a budget or who want to save money on their cost of living.