Housing costs in Corrales?
A typical home costs
$604,000, which is 78.6% more expensive than the national average of
$338,100 and 126.1% more expensive than the average New Mexico home, at
$267,100. Renting a two-bedroom unit in Corrales costs
$1,340 per month, which is 31.4% more than the national average of
$1,020 and 14.9% more than the state average of
$1,140.
Can I afford Corrales?
To live comfortably in Corrales (zip 87048), New Mexico, a minimum annual income of
$115,560 for a family, and
$44,400 for a single person is recommended.
What does A.I. say about Corrales?
The cost of living in 87048 Corrales, NM is generally considered to be higher than the national average. This is largely due to the fact that Corrales is an affluent suburb located on the outskirts of Albuquerque. There are many high-end stores and restaurants in this area, which contribute to the higher cost of goods and services. The median home price in 87048 Corrales is $420,000, which is significantly higher than the national median home price of $216,200. Despite this higher cost of living, Corrales remains a popular destination for those seeking a quaint village lifestyle with easy access to all that Albuquerque has to offer.