Housing costs in Aragon?
A typical home costs
$130,900, which is 61.3% less expensive than the national average of
$338,100 and 51.0% less expensive than the average New Mexico home, at
$267,100. Renting a two-bedroom unit in Aragon 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 Aragon?
To live comfortably in Aragon (zip 87820), New Mexico, a minimum annual income of
$25,200 for a family, and
$25,600 for a single person is recommended.
What does A.I. say about Aragon?
The cost of living in 87820 Aragon, NM is relatively affordable compared to other parts of the country. The median home value is just over $114,000, making it easy for potential buyers to find a suitable property within their budget. Additionally, groceries and basic necessities are also very affordable with prices being on par with the national average. Those looking to rent can do so for an average monthly rate of $750, which is also comparable to the US average. With such low costs, the city of Aragon allows residents to live comfortably without breaking the bank.