Housing costs in Fort Sumner?
A typical home costs
$177,900, which is 47.4% less expensive than the national average of
$338,100 and 33.4% less expensive than the average New Mexico home, at
$267,100. Renting a two-bedroom unit in Fort Sumner costs
$790 per month, which is 44.8% cheaper than the national average of
$1,430 and 29.1% cheaper than the state average of
$1,020.
Can I afford Fort Sumner?
To live comfortably in Fort Sumner (zip 88119), New Mexico, a minimum annual income of
$34,200 for a family, and
$25,200 for a single person is recommended.
What does A.I. say about Fort Sumner?
The cost of living in 88119 Fort Sumner, NM is quite low. Housing expenses are some of the lowest in the state, with median home prices around $59,800. Utilities such as electricity and water are also relatively affordable. Groceries and other daily necessities are priced slightly higher than the national average but still remain very reasonable. Transportation costs vary greatly depending on whether you own a car or not, but overall they remain fairly low. All in all, 88119 Fort Sumner, NM is a great place to live if you're looking for an inexpensive cost of living!