Housing costs in Gallup?
A typical home costs
$164,100, which is 51.5% less expensive than the national average of
$338,100 and 38.6% less expensive than the average New Mexico home, at
$267,100. Renting a two-bedroom unit in Gallup 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 Gallup?
To live comfortably in Gallup New Mex Metro Area, New Mexico, a minimum annual income of
$31,320 for a family, and
$26,800 for a single person is recommended.
What does A.I. say about Gallup?
The cost of living in Gallup, NM Metro Area is lower than the national average. The metro area has an index of 78.1 compared to the US average of 100. This lower cost of living is reflected in the house median value in Gallup, which is $164,100 compared to the US average of $338,100. As such, families looking for a place to call home can find more affordable housing options in the Gallup area than many other areas around the country.