Housing costs in Encino?
A typical home costs
$168,500, which is 50.2% less expensive than the national average of
$338,100 and 36.9% less expensive than the average New Mexico home, at
$267,100. Renting a two-bedroom unit in Encino costs
$950 per month, which is 33.6% cheaper than the national average of
$1,430 and 7.4% cheaper than the state average of
$1,020.
Can I afford Encino?
To live comfortably in Encino, New Mexico, a minimum annual income of
$32,400 for a family, and
$31,200 for a single person is recommended.
What does A.I. say about Encino?
Encino, NM is known for its affordable cost of living. The median home price in the area sits at just over $100,000, and the overall cost of living is 8% lower than the national average. Renters will find that monthly rent averages around $800, much lower than the national average. Other expenses such as utilities and groceries tend to be also on the lower end when compared to other cities across the country. Despite these affordable costs of living, Encino still has many amenities and attractions such as golf courses, spas, parks, and more which make it a great place to live and work.