Housing costs in Rock Springs?
A typical home costs
$120,900, which is 64.2% less expensive than the national average of
$338,100 and 54.7% less expensive than the average New Mexico home, at
$267,100. Renting a two-bedroom unit in Rock Springs costs
$820 per month, which is 42.7% cheaper than the national average of
$1,430 and 24.4% cheaper than the state average of
$1,020.
Can I afford Rock Springs?
To live comfortably in Rock Springs, New Mexico, a minimum annual income of
$23,040 for a family, and
$27,600 for a single person is recommended.
What does A.I. say about Rock Springs?
Rock Springs, NM has a relatively low cost of living compared to other areas in the United States. The median home value is $83,500 which is lower than the national average and most major cities. The cost of groceries, healthcare, transportation and utilities are all lower than the national averages. Additionally, housing expenses make up a smaller portion of households' budgets than in other locations across the country. Overall, Rock Springs offers a great value for residents looking to live in an area with a lower cost of living in comparison to the rest of the nation.