Housing costs in Serafina?
A typical home costs
$194,500, which is 42.5% less expensive than the national average of
$338,100 and 27.2% less expensive than the average New Mexico home, at
$267,100. Renting a two-bedroom unit in Serafina costs
$780 per month, which is 45.5% cheaper than the national average of
$1,430 and 30.8% cheaper than the state average of
$1,020.
Can I afford Serafina?
To live comfortably in Serafina (zip 87569), New Mexico, a minimum annual income of
$37,440 for a family, and
$27,600 for a single person is recommended.
What does A.I. say about Serafina?
The cost of living in 87569 Serafina, NM is relatively affordable compared to other parts of the state. The median home value in 87569 is around $134,500, which is much lower than the national average. The cost of living index for Serafina is 76.2, lower than the US average of 100, making it a great place to settle down and raise a family. Groceries only make up 12.7% of the total cost of living in 87569, making it an affordable place to buy food and drinks. In addition to being affordable for everyday goods and services, housing costs are also reasonable compared to other cities in New Mexico. Renters will find that they can get a one-bedroom apartment for around $650 per month while homeowners can expect their home values to appreciate significantly over time.