Housing costs in Grenville?
A typical home costs
$128,100, which is 62.1% less expensive than the national average of
$338,100 and 52.0% less expensive than the average New Mexico home, at
$267,100. Renting a two-bedroom unit in Grenville costs
$700 per month, which is 51.0% cheaper than the national average of
$1,430 and 45.7% cheaper than the state average of
$1,020.
Can I afford Grenville?
To live comfortably in Grenville, New Mexico, a minimum annual income of
$24,480 for a family, and
$22,000 for a single person is recommended.
What does A.I. say about Grenville?
The cost of living in Grenville, NM is quite reasonable. The area is known for its affordability, with housing prices far lower than the national average, and groceries and other essential items coming at a fraction of the price they would elsewhere. Furthermore, the state income tax rate is quite low compared to many other states making it an attractive place to move to if you are looking for a lower cost of living. All in all, Grenville offers an excellent cost of living that can make life more affordable for those who choose to call it home.