Housing costs in Meadow Lake?
A typical home costs
$138,500, which is 59.0% less expensive than the national average of
$338,100 and 48.1% less expensive than the average New Mexico home, at
$267,100. Renting a two-bedroom unit in Meadow Lake costs
$1,200 per month, which is 16.1% cheaper than the national average of
$1,430 and 15.0% more than the state average of
$1,020.
Can I afford Meadow Lake?
To live comfortably in Meadow Lake, New Mexico, a minimum annual income of
$26,640 for a family, and
$39,200 for a single person is recommended.
What does A.I. say about Meadow Lake?
Meadow Lake, NM offers a reasonable cost of living with the overall cost of goods and services being lower than the national average. Housing costs are slightly above the national average but still manageable for most individuals and families. Utilities tend to be on the low side, making it easier to keep your monthly bills under control. Overall, Meadow Lake is an affordable place to live in New Mexico, with plenty of activities, amenities, and attractions to enjoy.