Housing costs in Ribera?
A typical home costs
$151,000, which is 55.3% less expensive than the national average of
$338,100 and 43.5% less expensive than the average New Mexico home, at
$267,100. Renting a two-bedroom unit in Ribera costs
$780 per month, which is 23.5% cheaper than the national average of
$1,020 and 2.6% cheaper than the state average of
$800.
Can I afford Ribera?
To live comfortably in Ribera (zip 87560), New Mexico, a minimum annual income of
$28,800 for a family, and
$27,600 for a single person is recommended.
What does A.I. say about Ribera?
The cost of living in Ribera, NM 87560 is relatively low. According to BestPlaces's Cost of Living Index, the cost of living in Ribera is about 15 percent lower than the average in New Mexico and 16 percent lower than the national average. The housing index is even lower at 10 percent less than the state average and 13 percent less than the national average. Groceries, healthcare, utilities, and transportation are also significantly cheaper in Ribera when compared to the state or national averages. All in all, living in Ribera can be quite affordable.