Housing costs in Silver City?
A typical home costs
$172,400, which is 49.0% less expensive than the national average of
$338,100 and 35.5% less expensive than the average New Mexico home, at
$267,100. Renting a two-bedroom unit in Silver City 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 Silver City?
To live comfortably in Silver City New Mex Metro Area, New Mexico, a minimum annual income of
$33,120 for a family, and
$27,200 for a single person is recommended.
What does A.I. say about Silver City?
Silver City, NM Metro Area is an affordable place to live with a median house value of $172,400 which is much lower than the US average of $338,100. The cost of living in Silver City, NM Metro Area is also significantly lower at 75.2 compared to the US average cost of living which is 100. This makes it an attractive option for those looking for a more budget-friendly lifestyle without sacrificing quality of life.