Housing costs in Conchas Dam?
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 Conchas Dam costs
$780 per month, which is 45.5% cheaper than the national average of
$1,430 and 30.8% cheaper than the state average of
$1,020.
Can I afford Conchas Dam?
To live comfortably in Conchas Dam, New Mexico, a minimum annual income of
$42,840 for a family, and
$27,600 for a single person is recommended.
What does A.I. say about Conchas Dam?
Conchas Dam, NM has a very reasonable cost of living. The overall cost of living index for the town is approximately 14% lower than the national average, making it an affordable place to live. Most goods and services are quite reasonably priced and local taxes are also relatively low. Property taxes for Conchas Dam residents are well below the national median, so buying a home here can be very affordable. Additionally, utility costs such as water, gas, and electricity are also quite affordable in comparison to other parts of the country. In general, living in Conchas Dam can be much more manageable than other areas when it comes to monthly expenses.