Housing costs in Cedar Crest?
A typical home costs
$402,000, which is 18.9% more expensive than the national average of
$338,100 and 50.5% more expensive than the average New Mexico home, at
$267,100. Renting a two-bedroom unit in Cedar Crest costs
$1,740 per month, which is 70.6% more than the national average of
$1,020 and 34.5% more than the state average of
$1,140.
Can I afford Cedar Crest?
To live comfortably in Cedar Crest (zip 87008), New Mexico, a minimum annual income of
$77,040 for a family, and
$57,200 for a single person is recommended.
What does A.I. say about Cedar Crest?
The cost of living in 87008 Cedar Crest, NM is relatively low when compared to other parts of the country. The median home value for this area is estimated to be around $175k, with median rents estimated to be around $1,100 per month. This provides an affordable option for many seeking a more rural lifestyle outside of larger cities. In addition to housing costs, groceries and transportation are also relatively inexpensive in 87008 Cedar Crest, NM. The local job market offers plenty of opportunities for those looking to find work, and the overall cost of living makes it an attractive option for those looking to stretch their budget.