Housing costs in El Duende?
A typical home costs
$245,900, which is 27.3% less expensive than the national average of
$338,100 and 7.9% less expensive than the average New Mexico home, at
$267,100. Renting a two-bedroom unit in El Duende costs
$810 per month, which is 43.4% cheaper than the national average of
$1,430 and 25.9% cheaper than the state average of
$1,020.
Can I afford El Duende?
To live comfortably in El Duende, New Mexico, a minimum annual income of
$47,160 for a family, and
$28,000 for a single person is recommended.
What does A.I. say about El Duende?
The cost of living in El Duende, NM is surprisingly affordable. Prices are much lower than the national average, with grocery stores, restaurants and other amenities costing significantly less than in other cities. The median home price is around $125,000, with rents for a one-bedroom apartment averaging around $925 per month. Utility costs such as electricity and water are also very reasonable and there are plenty of local businesses that offer discounted prices on goods and services. All in all, El Duende offers an excellent quality of life without the high costs associated with larger cities.