Housing costs in Ribera?
A typical home costs
$178,000, which is 47.4% less expensive than the national average of
$338,100 and 33.4% less expensive than the average New Mexico home, at
$267,100. Renting a two-bedroom unit in Ribera costs
$790 per month, which is 44.8% cheaper than the national average of
$1,430 and 29.1% cheaper than the state average of
$1,020.
Can I afford Ribera?
To live comfortably in Ribera, New Mexico, a minimum annual income of
$34,200 for a family, and
$28,000 for a single person is recommended.
What does A.I. say about Ribera?
The cost of living in Ribera, NM is relatively low compared to other parts of the country. The median home price in Ribera is around $96,000, which is significantly lower than the national median of around $220,000. Additionally, average rental costs for one-bedroom apartments are significantly lower in Ribera than many other cities throughout New Mexico and the rest of the country. With a low overall cost of living and a wide array of affordable housing options available, Ribera provides an ideal location for families and individuals who wish to get away from the hustle and bustle of larger cities while still being able to enjoy all that New Mexico has to offer.