Housing costs in Sombrillo?
A typical home costs
$271,600, which is 19.7% less expensive than the national average of
$338,100 and 1.7% more expensive than the average New Mexico home, at
$267,100. Renting a two-bedroom unit in Sombrillo costs
$1,030 per month, which is 28.0% cheaper than the national average of
$1,430 and close to the state average of
$1,020.
Can I afford Sombrillo?
To live comfortably in Sombrillo, New Mexico, a minimum annual income of
$52,200 for a family, and
$35,600 for a single person is recommended.
What does A.I. say about Sombrillo?
The cost of living in Sombrillo, NM is relatively low compared to other parts of the country. The average cost of living for a single-family home is around $100,000. Rent is also generally lower than the national average, with one-bedroom apartments costing around $850 per month. Groceries and other necessary items are also much more affordable than in other places in the US. Utilities like electricity and water are reasonable for the area, making Sombrillo a great place for people looking to save money on their monthly expenses.