Housing costs in Bernalillo?
A typical home costs
$284,400, which is 15.9% less expensive than the national average of
$338,100 and 6.5% more expensive than the average New Mexico home, at
$267,100. Renting a two-bedroom unit in Bernalillo costs
$900 per month, which is 37.1% cheaper than the national average of
$1,430 and 13.3% cheaper than the state average of
$1,020.
Can I afford Bernalillo?
To live comfortably in Bernalillo, New Mexico, a minimum annual income of
$54,360 for a family, and
$29,600 for a single person is recommended.
What does A.I. say about Bernalillo?
The cost of living in Bernalillo, NM is quite affordable compared to many other places. The median home price is around $180,000 and the median household income is just under $43,000, which means that housing costs are much more reasonable than in other areas. Groceries and basic necessities are generally quite inexpensive as well. There are plenty of restaurants and entertainment options in the area without having to break the bank. Additionally, the low taxes make it a great place to live for those on a budget. All in all, Bernalillo is an excellent choice for those looking for affordability with easy access to amenities.