Housing costs in Eddy?
A typical home costs
$233,660, which is 30.9% less expensive than the national average of
$338,100 and 12.5% less expensive than the average New Mexico home, at
$267,100. Renting a two-bedroom unit in Eddy costs
$1,010 per month, which is 29.4% cheaper than the national average of
$1,430 and close to the state average of
$1,020.
Can I afford Eddy?
To live comfortably in Eddy New Mex County, New Mexico, a minimum annual income of
$44,640 for a family, and
$36,000 for a single person is recommended.
What does A.I. say about Eddy?
The cost of living in Eddy, NM County is 77.9, which is significantly lower than the US average of 100. This lower cost of living can be attributed to the much lower house median values in comparison with the US average of $338,100, with Eddy's median house value being only $233,660. This difference allows for greater affordability and a potentially higher quality of life for those who call Eddy County home.