Housing costs in Embudo?
A typical home costs
$287,700, which is 14.9% less expensive than the national average of
$338,100 and 7.7% more expensive than the average New Mexico home, at
$267,100. Renting a two-bedroom unit in Embudo costs
$770 per month, which is 24.5% cheaper than the national average of
$1,020 and 3.9% cheaper than the state average of
$800.
Can I afford Embudo?
To live comfortably in Embudo (zip 87531), New Mexico, a minimum annual income of
$55,080 for a family, and
$26,800 for a single person is recommended.
What does A.I. say about Embudo?
The cost of living in 87531 Embudo, NM is relatively low. The median home price is around $138,400, and the median rent is approximately $745 per month. Utility costs are also fairly moderate, with an average monthly electricity bill of $66. Additionally, grocery prices are low at around 89% lower than the national average. Overall, the cost of living in 87531 Embudo, NM is quite affordable for residents.