Housing costs in Peak Place?
A typical home costs
$48,400, which is 85.7% less expensive than the national average of
$338,100 and 81.9% less expensive than the average New Mexico home, at
$267,100. Renting a two-bedroom unit in Peak Place costs
$1,130 per month, which is 21.0% cheaper than the national average of
$1,430 and 9.7% more than the state average of
$1,020.
Can I afford Peak Place?
To live comfortably in Peak Place, New Mexico, a minimum annual income of
$9,360 for a family, and
$39,200 for a single person is recommended.
What does A.I. say about Peak Place?
The cost of living in Peak Place, NM is quite reasonable. The average housing costs are lower than the national average, and other costs such as groceries, health care, transportation, and utilities are all below the national averages as well. This makes it an attractive option for those looking to find a place with reasonable living costs without sacrificing quality of life. In addition to its low cost of living, Peak Place also offers plenty of outdoor activities and amenities to enjoy year round. With its beautiful scenery and laid-back atmosphere, it's no wonder why so many make Peak Place their home.