Housing costs in Cloudcroft?
A typical home costs
$254,000, which is 24.9% less expensive than the national average of
$338,100 and 4.9% less expensive than the average New Mexico home, at
$267,100. Renting a two-bedroom unit in Cloudcroft costs
$810 per month, which is 20.6% cheaper than the national average of
$1,020 and close to the state average of
$800.
Can I afford Cloudcroft?
To live comfortably in Cloudcroft (zip 88317), New Mexico, a minimum annual income of
$48,600 for a family, and
$28,400 for a single person is recommended.
What does A.I. say about Cloudcroft?
The cost of living in 88317 Cloudcroft, NM is quite reasonable when compared to other cities in the United States. The median list price for a home in Cloudcroft is $212,000, which is significantly lower than the national median list sale price of $238,000. Additionally, the unemployment rate within the town is only 5.7%, which is well below the national average of 7%. As such, those looking to move to Cloudcroft can expect to pay far less for housing and have much more job security than most other places in America. Overall, Cloudcroft provides an affordable and secure living environment for its residents.