Housing costs in Albuquerque?
A typical home costs
$302,400, which is 10.6% less expensive than the national average of
$338,100 and 13.2% more expensive than the average New Mexico home, at
$267,100. Renting a two-bedroom unit in Albuquerque costs
$1,080 per month, which is 5.9% more than the national average of
$1,020 and 5.6% cheaper than the state average of
$1,140.
Can I afford Albuquerque?
To live comfortably in Albuquerque (zip 87104), New Mexico, a minimum annual income of
$57,960 for a family, and
$35,600 for a single person is recommended.
What does A.I. say about Albuquerque?
The cost of living in 87104 Albuquerque, NM is relatively low compared to other areas of the country. The housing market is very affordable and stable with many single-family homes, townhouses, and apartment complexes available at a good price. Groceries are also fairly inexpensive, with a variety of stores offering quality options for food and household items. In addition, the area contains an array of entertainment options such as theaters, parks, and nightlife establishments that provide ample opportunities for residents to enjoy their leisure time without breaking the bank. With its low cost of living and abundance of activities, 87104 Albuquerque is an ideal place to call home.