Housing costs in El Prado?
A typical home costs
$416,500, which is 23.2% more expensive than the national average of
$338,100 and 55.9% more expensive than the average New Mexico home, at
$267,100. Renting a two-bedroom unit in El Prado costs
$920 per month, which is 9.8% cheaper than the national average of
$1,020 and 2.2% cheaper than the state average of
$940.
Can I afford El Prado?
To live comfortably in El Prado (zip 87529), New Mexico, a minimum annual income of
$79,920 for a family, and
$31,600 for a single person is recommended.
What does A.I. say about El Prado?
The cost of living in 87529 El Prado, NM is relatively low. The median home cost is $170,600, which is significantly lower than the national median at $231,200. Additionally, the average cost for a gallon of gas is about $2.30 per gallon and the median household income is approximately $24,688 per year. Furthermore, utility costs such as electricity and water are also fairly low compared to other states across the US. Despite this low cost of living, El Prado has access to a variety of amenities including a grocery store, library, public parks, churches, restaurants and several small businesses.