Housing costs in Corona?
A typical home costs
$175,600, which is 48.1% less expensive than the national average of
$338,100 and 34.3% less expensive than the average New Mexico home, at
$267,100. Renting a two-bedroom unit in Corona costs
$1,040 per month, which is 27.3% cheaper than the national average of
$1,430 and close to the state average of
$1,020.
Can I afford Corona?
To live comfortably in Corona, New Mexico, a minimum annual income of
$33,480 for a family, and
$32,000 for a single person is recommended.
What does A.I. say about Corona?
Corona, NM is an incredibly affordable place to live. The cost of living in the area is estimated to be 7.4% lower than the national average, which means that residents can enjoy a low cost of living while still having access to many amenities and services. Housing costs are especially low, with median home values around $90,000, and monthly rent prices averaging around $700. Groceries and other essentials are also reasonably priced, making Corona a great option for those looking for an affordable place to call home.