Housing costs in Tecolote?
A typical home costs
$223,100, which is 34.0% less expensive than the national average of
$338,100 and 16.5% less expensive than the average New Mexico home, at
$267,100. Renting a two-bedroom unit in Tecolote 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 Tecolote?
To live comfortably in Tecolote, New Mexico, a minimum annual income of
$42,840 for a family, and
$28,000 for a single person is recommended.
What does A.I. say about Tecolote?
The cost of living in Tecolote, NM is quite low. Housing costs are very reasonable compared to other areas of the state, and many amenities such as groceries and utilities are also quite affordable. Even though it is a small town, there are several restaurants, stores, and other services available so residents can get what they need. There is no income tax, which makes the overall cost of living even more attractive. All in all, living in Tecolote is an affordable option for people looking to live in a rural area with plenty of attractions nearby.