Housing costs in Taos?
A typical home costs
$378,800, which is 12.0% more expensive than the national average of
$338,100 and 41.8% more expensive than the average New Mexico home, at
$267,100. Renting a two-bedroom unit in Taos costs
$940 per month, which is 34.3% cheaper than the national average of
$1,430 and 8.5% more than the state average of
$1,020.
Can I afford Taos?
To live comfortably in Taos New Mex Metro Area, New Mexico, a minimum annual income of
$72,720 for a family, and
$32,400 for a single person is recommended.
What does A.I. say about Taos?
The cost of living in Taos, NM Metro Area is lower than the US average. The cost of living index for this area is 96.3 which is significantly lower than the national average of 100. This makes it easier for people to live comfortably in this area without having to worry about excessively high costs. In addition to the lower cost of living, the median house value in this area is $378,800 which is also lower than the US average of $338,100 making it an attractive place to live.