Housing costs in Cerrillos?
A typical home costs
$377,500, which is 11.7% more expensive than the national average of
$338,100 and 41.3% more expensive than the average New Mexico home, at
$267,100. Renting a two-bedroom unit in Cerrillos costs
$1,270 per month, which is 24.5% more than the national average of
$1,020 and close to the state average of
$1,250.
Can I afford Cerrillos?
To live comfortably in Cerrillos (zip 87010), New Mexico, a minimum annual income of
$72,360 for a family, and
$44,000 for a single person is recommended.
What does A.I. say about Cerrillos?
The cost of living in 87010 Cerrillos, NM is relatively low compared to many other places. The median home value is around $167,000, which is cheaper than the national average. The median gross rent in 87010 Cerrillos, NM is around $683 per month and the cost of utilities like electricity and water are also relatively low. Additionally, the overall cost of goods and services in 87010 Cerrillos, NM is an average 8% lower than the national average. All of these factors make it a great place to live for those looking for an affordable lifestyle.