Housing costs in Otero?
A typical home costs
$195,700, which is 42.1% less expensive than the national average of
$338,100 and 26.7% less expensive than the average New Mexico home, at
$267,100. Renting a two-bedroom unit in Otero costs
$800 per month, which is 44.1% cheaper than the national average of
$1,430 and 27.5% cheaper than the state average of
$1,020.
Can I afford Otero?
To live comfortably in Otero New Mex County, New Mexico, a minimum annual income of
$37,440 for a family, and
$28,000 for a single person is recommended.
What does A.I. say about Otero?
Otero County, NM has a lower cost of living than the US average of 100, with an index of 75.2. This means that items in Otero County are generally more affordable than items in other parts of the country. Additionally, the median value for houses in Otero County is $195,700 which is lower than the US average of $338,100. Together these factors make Otero County an attractive place for those looking to live in an area with a lower cost of living and more affordable housing prices.