Housing costs in Cebolla?
A typical home costs
$282,600, which is 16.4% less expensive than the national average of
$338,100 and 5.8% more expensive than the average New Mexico home, at
$267,100. Renting a two-bedroom unit in Cebolla 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 Cebolla?
To live comfortably in Cebolla (zip 87518), New Mexico, a minimum annual income of
$54,000 for a family, and
$27,200 for a single person is recommended.
What does A.I. say about Cebolla?
The cost of living in 87518 Cebolla, NM is relatively low compared to other parts of the country. According to Best Places, the cost of living in Cebolla is about 7% lower than the national average. The median home value in the area sits around $112,700 which is much more affordable than many neighboring cities and towns. Groceries are also quite reasonable with a grocery index score of 95.4, meaning groceries are 5.6% cheaper than the U.S. average. Furthermore, utility costs such as electricity and gas are slightly below the national average at 98.3 points with only 1.7% higher costs than the rest of the nation. All together, these factors make 87518 Cebolla, NM a desirable place for those looking for an affordable lifestyle while still having access to basic amenities and services.