Housing costs in Estancia?
A typical home costs
$180,100, which is 46.7% less expensive than the national average of
$338,100 and 32.6% less expensive than the average New Mexico home, at
$267,100. Renting a two-bedroom unit in Estancia costs
$910 per month, which is 10.8% cheaper than the national average of
$1,020 and 25.3% cheaper than the state average of
$1,140.
Can I afford Estancia?
To live comfortably in Estancia (zip 87016), New Mexico, a minimum annual income of
$34,560 for a family, and
$30,000 for a single person is recommended.
What does A.I. say about Estancia?
The cost of living in 87016 Estancia, NM is relatively low compared to the rest of the U.S. The median home value is $74,800, which is lower than the national median home value of $188,900. Similarly, the median rent in Estancia is $852 per month while the national median rent is $1,469 per month. Other basic necessities such as groceries and utilities are also slightly cheaper in Estancia than in other parts of the country. Overall, Estancia offers a great quality of life without breaking the bank.