Housing costs in Fort Sumner?
A typical home costs
$134,600, which is 60.2% less expensive than the national average of
$338,100 and 49.6% less expensive than the average New Mexico home, at
$267,100. Renting a two-bedroom unit in Fort Sumner costs
$820 per month, which is 42.7% cheaper than the national average of
$1,430 and 24.4% cheaper than the state average of
$1,020.
Can I afford Fort Sumner?
To live comfortably in Fort Sumner, New Mexico, a minimum annual income of
$25,920 for a family, and
$26,000 for a single person is recommended.
What does A.I. say about Fort Sumner?
Fort Sumner, NM is a small town with a low cost of living. The median home value in Fort Sumner is around $60,000, making it an affordable place to live. Prices for goods and services are also relatively inexpensive, allowing residents to stretch their budget further. The overall cost of housing, food, transportation, and other basic necessities are significantly lower here than in larger cities. This makes it an attractive option for those looking to save money while still enjoying the rural lifestyle associated with the area.