Housing costs in Alamogordo?
A typical home costs
$181,800, which is 46.2% less expensive than the national average of
$338,100 and 31.9% less expensive than the average New Mexico home, at
$267,100. Renting a two-bedroom unit in Alamogordo costs
$950 per month, which is 6.9% cheaper than the national average of
$1,020 and 15.8% more than the state average of
$800.
Can I afford Alamogordo?
To live comfortably in Alamogordo (zip 88310), New Mexico, a minimum annual income of
$34,920 for a family, and
$33,200 for a single person is recommended.
What does A.I. say about Alamogordo?
The cost of living in 88310 Alamogordo, NM is relatively low compared to other areas of the country. The median home price in the area is just under $119,000, making it an affordable option for many first-time buyers and those looking to downsize. Rent prices are fairly reasonable as well, averaging around $800 per month. Groceries tend to be more expensive than in some other parts of the country due to the remote location, but overall living expenses are still quite affordable. The cost of utilities like electricity and water also tends to be lower than average for most households. All in all, Alamogordo provides a good quality of life at an affordable cost.