Housing costs in Wagon Mound?
A typical home costs
$130,400, which is 61.4% less expensive than the national average of
$338,100 and 51.2% less expensive than the average New Mexico home, at
$267,100. Renting a two-bedroom unit in Wagon Mound 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 Wagon Mound?
To live comfortably in Wagon Mound, New Mexico, a minimum annual income of
$24,840 for a family, and
$25,200 for a single person is recommended.
What does A.I. say about Wagon Mound?
The cost of living in Wagon Mound, NM is quite reasonable. With a cost-of-living index of 91.3, it is much lower than both state and national averages. This is great news for those who want to settle in this area as housing prices, groceries, utilities, and transportation costs are all moderate compared to other parts of the state or country. In addition to these lower expenses, Wagon Mound also has a low sales tax rate at just 5 percent making it even more cost effective for individuals and families to live there.