Housing costs in Tucumcari?
A typical home costs
$77,700, which is 77.0% less expensive than the national average of
$338,100 and 70.9% less expensive than the average New Mexico home, at
$267,100. Renting a two-bedroom unit in Tucumcari costs
$700 per month, which is 51.0% cheaper than the national average of
$1,430 and 45.7% cheaper than the state average of
$1,020.
Can I afford Tucumcari?
To live comfortably in Tucumcari, New Mexico, a minimum annual income of
$14,760 for a family, and
$24,800 for a single person is recommended.
What does A.I. say about Tucumcari?
The cost of living in Tucumcari, NM is relatively low compared to the national average. Housing costs in particular are very reasonable, with an average home price of around $75,000. The median household income is slightly below the national average at $28,000 per year. Groceries and general goods are also reasonably priced when compared to other parts of the country. In addition, taxes are lower than most areas due to its small population size. Overall, it is a great option for those looking for a low cost of living in a quaint rural setting.