Housing costs in Grants?
A typical home costs
$104,200, which is 69.2% less expensive than the national average of
$338,100 and 61.0% less expensive than the average New Mexico home, at
$267,100. Renting a two-bedroom unit in Grants costs
$820 per month, which is 42.7% cheaper than the national average of
$1,430 and 24.4% cheaper than the state average of
$1,020.
Can I afford Grants?
To live comfortably in Grants New Mex Metro Area, New Mexico, a minimum annual income of
$19,800 for a family, and
$25,600 for a single person is recommended.
What does A.I. say about Grants?
The cost of living in Grants, NM Metro Area is 69.9, which is significantly lower than the national average of 100. This makes it an attractive option for those looking to buy property as the median house value in Grants is $104,200 - much lower than the US average of $338,100. With such a low cost of living and competitive house prices, Grants provides prospective homeowners with more affordable housing options than other areas in the United States.