Housing costs in Cordova?
A typical home costs
$142,600, which is 57.8% less expensive than the national average of
$338,100 and 46.6% less expensive than the average New Mexico home, at
$267,100. Renting a two-bedroom unit in Cordova costs
$800 per month, which is 21.6% cheaper than the national average of
$1,020 and close to the state average of
$800.
Can I afford Cordova?
To live comfortably in Cordova (zip 87523), New Mexico, a minimum annual income of
$27,360 for a family, and
$27,600 for a single person is recommended.
What does A.I. say about Cordova?
The cost of living in 87523 Cordova, NM is quite reasonable. While rents tend to be slightly higher than the state average due to the relative desirability of the area, grocery costs and utilities are much lower than comparable locations across the state. These savings make it an attractive place for those on a budget. Additionally, the low tax rate ensures that residents don't face excessive financial burden when it comes to paying their bills. All these factors combine to make Cordova a great place for anyone looking for an affordable place to live.