Housing costs in Las Palomas?
A typical home costs
$123,500, which is 63.5% less expensive than the national average of
$338,100 and 53.8% less expensive than the average New Mexico home, at
$267,100. Renting a two-bedroom unit in Las Palomas costs
$780 per month, which is 45.5% cheaper than the national average of
$1,430 and 30.8% cheaper than the state average of
$1,020.
Can I afford Las Palomas?
To live comfortably in Las Palomas, New Mexico, a minimum annual income of
$23,760 for a family, and
$23,600 for a single person is recommended.
What does A.I. say about Las Palomas?
The cost of living in Las Palomas, NM is very reasonable. Prices for basic necessities such as groceries and utilities are lower than the national average. Additionally, housing costs are also quite affordable compared to other areas in New Mexico, making it an ideal place to live for those on a budget. Although some basic services are limited due to the rural nature of the town, overall residents can expect to enjoy a comfortable lifestyle at an accessible cost.