Housing costs in Casa Colorada?
A typical home costs
$160,000, which is 52.7% less expensive than the national average of
$338,100 and 40.1% less expensive than the average New Mexico home, at
$267,100. Renting a two-bedroom unit in Casa Colorada 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 Casa Colorada?
To live comfortably in Casa Colorada, New Mexico, a minimum annual income of
$30,600 for a family, and
$34,000 for a single person is recommended.
What does A.I. say about Casa Colorada?
The cost of living in Casa Colorada, NM is very affordable compared to other places in the US. The median home value is just over $100,000, which is lower than the national median of around $200,000. Additionally, the median household income in Casa Colorada is slightly above the US average, meaning that locals can afford to live comfortably on their incomes. Additionally, groceries and entertainment are relatively inexpensive compared to other places. All in all, Casa Colorada is a great place to live if you’re looking for an affordable place with plenty of amenities.