Housing costs in Ponderosa Pine?
A typical home costs
$328,900, which is 2.7% less expensive than the national average of
$338,100 and 23.1% more expensive than the average New Mexico home, at
$267,100. Renting a two-bedroom unit in Ponderosa Pine costs
$1,570 per month, which is 9.8% more than the national average of
$1,430 and 35.0% more than the state average of
$1,020.
Can I afford Ponderosa Pine?
To live comfortably in Ponderosa Pine, New Mexico, a minimum annual income of
$63,000 for a family, and
$51,600 for a single person is recommended.
What does A.I. say about Ponderosa Pine?
The cost of living in Ponderosa Pine, NM is relatively low compared to other areas in the region. The median home cost is just $135,400, well below the national average of $168,900. Property taxes are also low in comparison to surrounding areas, with the tax rate sitting at 1.17% of assessed value. Groceries and other essentials are also reasonably priced when compared to nearby towns and cities. With all of this considered, Ponderosa Pine is an excellent place to raise a family or retire due to its affordable cost of living.