Housing costs in Ilfeld?
A typical home costs
$212,300, which is 37.2% less expensive than the national average of
$338,100 and 20.5% less expensive than the average New Mexico home, at
$267,100. Renting a two-bedroom unit in Ilfeld 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 Ilfeld?
To live comfortably in Ilfeld (zip 87538), New Mexico, a minimum annual income of
$40,680 for a family, and
$27,200 for a single person is recommended.
What does A.I. say about Ilfeld?
The cost of living in Ilfeld, NM 87538 is quite reasonable. Housing is very affordable, with the median home value being $73,400. The median rental rate is also quite low at $743 per month. Groceries and health care are also lower than average when compared to the rest of the country. In addition, utilities such as electricity and gas are cheaper than most places in the US. Overall, living in Ilfeld is a great option for anyone looking to enjoy a more affordable lifestyle.