Housing costs in Bosque Farms?
A typical home costs
$354,700, which is 4.9% more expensive than the national average of
$338,100 and 32.8% more expensive than the average New Mexico home, at
$267,100. Renting a two-bedroom unit in Bosque Farms costs
$1,170 per month, which is 14.7% more than the national average of
$1,020 and 2.6% more than the state average of
$1,140.
Can I afford Bosque Farms?
To live comfortably in Bosque Farms (zip 87068), New Mexico, a minimum annual income of
$68,040 for a family, and
$38,800 for a single person is recommended.
What does A.I. say about Bosque Farms?
The cost of living in 87068 Bosque Farms, NM is relatively low compared to other areas in the United States. The median home cost in 87068 Bosque Farms, NM is $154,200 which is much lower than the national median home cost of $231,200. Additionally, the overall cost of living in 87068 Bosque Farms, NM is 13% lower than the national average which makes it an attractive place to settle down for those looking for a more affordable lifestyle. The average annual salary for 87068 Bosque Farms, NM residents is also slightly below the first-class national average at around $53k per year. All of these factors contribute to a much lower cost of living than other parts of the United States.