Housing costs in Lake Roberts?
A typical home costs
$186,900, which is 44.7% less expensive than the national average of
$338,100 and 30.0% less expensive than the average New Mexico home, at
$267,100. Renting a two-bedroom unit in Lake Roberts costs
$790 per month, which is 44.8% cheaper than the national average of
$1,430 and 29.1% cheaper than the state average of
$1,020.
Can I afford Lake Roberts?
To live comfortably in Lake Roberts, New Mexico, a minimum annual income of
$35,640 for a family, and
$27,200 for a single person is recommended.
What does A.I. say about Lake Roberts?
The cost of living in Lake Roberts, NM is quite affordable. The median home value in the area is just under $90,000 and the median rent for a two-bedroom apartment is an average of $900 per month. Additionally, the overall cost of living index for Lake Roberts is 71.1 which is well below the national average of 100. Groceries and health care tend to be a bit more expensive than other parts of the country but overall prices are still quite reasonable. With its low costs and small-town charm, Lake Roberts can be a great place to call home.