Housing costs in Jarales?
A typical home costs
$195,800, which is 42.1% less expensive than the national average of
$338,100 and 26.7% less expensive than the average New Mexico home, at
$267,100. Renting a two-bedroom unit in Jarales 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 Jarales?
To live comfortably in Jarales, New Mexico, a minimum annual income of
$37,440 for a family, and
$33,600 for a single person is recommended.
What does A.I. say about Jarales?
The cost of living in Jarales, NM is quite reasonable. The median home value is about $127,400, which is 8.3% lower than the national average. Groceries also come in at 6.2% lower than the national average. Utilities are a bit higher, costing 7.0% more than the national average, but overall the cost of living here is still quite reasonable given its rural location. The median household income is around $46,234, which helps to offset the higher utility costs and make the area affordable for both residents and visitors alike.