Housing costs in Estancia?
A typical home costs
$180,400, which is 46.6% less expensive than the national average of
$338,100 and 32.5% less expensive than the average New Mexico home, at
$267,100. Renting a two-bedroom unit in Estancia costs
$920 per month, which is 35.7% cheaper than the national average of
$1,430 and 10.9% cheaper than the state average of
$1,020.
Can I afford Estancia?
To live comfortably in Estancia, New Mexico, a minimum annual income of
$34,560 for a family, and
$30,400 for a single person is recommended.
What does A.I. say about Estancia?
Estancia, New Mexico is a small town with an affordable cost of living. The median home price in Estancia is approximately $68,000, which is significantly lower than the national average of $200,000. Additionally, groceries and other necessities are relatively inexpensive in Estancia due to the town's close proximity to farms and other local grocery stores. The cost of living in Estancia is also low when it comes to utilities such as electricity since the area basks in ample natural sunlight for much of the year. All these factors make Estancia an attractive option for those who want an affordable place to live without having to sacrifice quality of life.