Housing costs in Shiprock?
A typical home costs
$106,200, which is 68.6% less expensive than the national average of
$338,100 and 60.2% less expensive than the average New Mexico home, at
$267,100. Renting a two-bedroom unit in Shiprock 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 Shiprock?
To live comfortably in Shiprock, New Mexico, a minimum annual income of
$20,520 for a family, and
$26,800 for a single person is recommended.
What does A.I. say about Shiprock?
The cost of living in Shiprock, NM is relatively low compared to many other places across the state. The median home value in the area is $128,800, which is much lower than the state average. Additionally, rent prices are considerably lower than in other New Mexico cities. The average cost of a one-bedroom apartment is around $570 per month while two-bedroom apartments run around $750 per month. Food and utility costs are also relatively low for the area as well as some taxes, making it an affordable place to live for families and individuals alike.