Housing costs in El Cerro Mission?
A typical home costs
$125,200, which is 63.0% less expensive than the national average of
$338,100 and 53.1% less expensive than the average New Mexico home, at
$267,100. Renting a two-bedroom unit in El Cerro Mission costs
$1,200 per month, which is 16.1% cheaper than the national average of
$1,430 and 15.0% more than the state average of
$1,020.
Can I afford El Cerro Mission?
To live comfortably in El Cerro Mission, New Mexico, a minimum annual income of
$24,120 for a family, and
$39,200 for a single person is recommended.
What does A.I. say about El Cerro Mission?
El Cerro Mission, NM is a small, rural community located in the heart of the New Mexico desert. The cost of living in El Cerro Mission is quite reasonable compared to larger cities and most other places in New Mexico. The median home value is estimated to be around $90,000 and the median rent price for an apartment is estimated at around $650 per month. Groceries and other necessary household items are also relatively affordable when compared to other locales. Overall, El Cerro Mission provides a great quality of life at an economical cost of living.