Housing costs in Ute Park?
A typical home costs
$207,800, which is 38.5% less expensive than the national average of
$338,100 and 22.2% less expensive than the average New Mexico home, at
$267,100. Renting a two-bedroom unit in Ute Park costs
$800 per month, which is 44.1% cheaper than the national average of
$1,430 and 27.5% cheaper than the state average of
$1,020.
Can I afford Ute Park?
To live comfortably in Ute Park, New Mexico, a minimum annual income of
$39,960 for a family, and
$28,400 for a single person is recommended.
What does A.I. say about Ute Park?
The cost of living in Ute Park, NM is relatively low compared to other parts of the country. The median home price in the area is $198,000, which is significantly lower than the national median at $272,000. The average rent for a two-bedroom apartment in Ute Park is also below the national average at just under $1,000 per month. Groceries and transportation costs are generally quite affordable as well making it an ideal place for those looking to live on a budget.