Housing costs in Hatch?
A typical home costs
$144,500, which is 57.3% less expensive than the national average of
$338,100 and 45.9% less expensive than the average New Mexico home, at
$267,100. Renting a two-bedroom unit in Hatch costs
$800 per month, which is 21.6% cheaper than the national average of
$1,020 and 11.3% cheaper than the state average of
$890.
Can I afford Hatch?
To live comfortably in Hatch (zip 87937), New Mexico, a minimum annual income of
$27,720 for a family, and
$27,600 for a single person is recommended.
What does A.I. say about Hatch?
The cost of living in 87937 Hatch, NM is relatively low compared to many other areas. The median home value in the area is just under $80,000, which is substantially lower than the state average of around $180,000. This low cost makes it a great choice for those looking to achieve homeownership at an affordable price. Additionally, housing costs are quite reasonable with median rent being just over $700 per month. Utilities in the area are also reasonably priced and groceries tend to be cheaper than other parts of the country. Overall, 87937 Hatch, NM provides a great opportunity for individuals and families on a budget to access quality housing while still enjoying all the amenities that come with living in New Mexico.