Housing costs in La Luz?
A typical home costs
$233,200, which is 31.0% less expensive than the national average of
$338,100 and 12.7% less expensive than the average New Mexico home, at
$267,100. Renting a two-bedroom unit in La Luz costs
$820 per month, which is 19.6% cheaper than the national average of
$1,020 and 2.4% more than the state average of
$800.
Can I afford La Luz?
To live comfortably in La Luz (zip 88337), New Mexico, a minimum annual income of
$44,640 for a family, and
$28,400 for a single person is recommended.
What does A.I. say about La Luz?
The cost of living in La Luz, NM 88337 is relatively low compared to other parts of the country. The cost of housing is especially low, as the median home value for this area is just $137,100 according to recent figures. Other costs such as groceries and utilities are also competitively priced. In addition, the overall tax rates for La Luz are quite low, making it an attractive destination for individuals looking to move away from states with higher taxes. All in all, this small town offers an affordable lifestyle that allows residents to enjoy a comfortable quality of life without breaking the bank.