Housing costs in Llano del Medio?
A typical home costs
$127,800, which is 62.2% less expensive than the national average of
$338,100 and 52.2% less expensive than the average New Mexico home, at
$267,100. Renting a two-bedroom unit in Llano del Medio 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 Llano del Medio?
To live comfortably in Llano del Medio, New Mexico, a minimum annual income of
$24,480 for a family, and
$23,200 for a single person is recommended.
What does A.I. say about Llano del Medio?
The cost of living in Llano del Medio, NM is relatively low compared to many other places in the United States. The overall cost of living index is about 8% lower than the national average and housing costs are an even more reasonable 15% below the national average. This means that rents and mortgages tend to be quite a bit lower than what you would find in other areas. Additionally, groceries and utility bills are generally lower than the national averages. All these factors combine to make Llano del Medio, NM an attractive place for people who want to live on a budget and still retain their quality of life.