Housing costs in Jal?
A typical home costs
$99,500, which is 70.6% less expensive than the national average of
$338,100 and 62.7% less expensive than the average New Mexico home, at
$267,100. Renting a two-bedroom unit in Jal costs
$1,020 per month, which is 28.7% cheaper than the national average of
$1,430 and close to the state average of
$1,020.
Can I afford Jal?
To live comfortably in Jal, New Mexico, a minimum annual income of
$19,080 for a family, and
$31,200 for a single person is recommended.
What does A.I. say about Jal?
The cost of living in Jal, NM is relatively low compared to many other parts of the country. The median home price is around $64,400, which is much lower than the national average. The median household income is also well below the national average at only $29,282. Additionally, transportation costs are relatively low as there are no daily commute times to worry about; most people walk or ride bicycles to get around town. This helps keep daily expenses low and allows for more money to be saved. Utilities are also relatively inexpensive in Jal and many residents take advantage of the sunny weather to dry their clothes on a line instead of using electricity or gas to run a dryer.