Housing costs in Hurley?
A typical home costs
$104,000, which is 69.2% less expensive than the national average of
$338,100 and 61.1% less expensive than the average New Mexico home, at
$267,100. Renting a two-bedroom unit in Hurley 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 Hurley?
To live comfortably in Hurley, New Mexico, a minimum annual income of
$19,800 for a family, and
$24,000 for a single person is recommended.
What does A.I. say about Hurley?
The cost of living in Hurley, NM is relatively low compared to other cities in the United States. The median home price hovers around $88,000, making it an affordable option for those looking to buy a house. Renters can expect to pay about $600-800 per month for a one-bedroom apartment. Groceries and clothing are also cheaper than average since there is no sales tax in New Mexico. Utilities such as electricity and water are also lower than most other places. In addition, gasoline prices tend to be lower than the national average due to local oil production. All this together makes Hurley a great location for people looking for an affordable living situation.