Housing costs in Pinos Altos?
A typical home costs
$186,900, which is 44.7% less expensive than the national average of
$338,100 and 30.0% less expensive than the average New Mexico home, at
$267,100. Renting a two-bedroom unit in Pinos Altos 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 Pinos Altos?
To live comfortably in Pinos Altos, New Mexico, a minimum annual income of
$35,640 for a family, and
$26,800 for a single person is recommended.
What does A.I. say about Pinos Altos?
The cost of living in Pinos Altos, NM is relatively low. The median home value is about $154,000, and the median household income is around $40,000. The median rent for a two-bedroom apartment is about $650 per month. Groceries and other necessities may be slightly higher than the national average due to the rural nature of the town but are still affordable. Utilities are usually on the lower end when compared to other areas in New Mexico. In all, Pinos Altos, NM is a great place to live and offers an excellent quality of life without breaking the bank.