Housing costs in La Plata?
A typical home costs
$227,700, which is 32.7% less expensive than the national average of
$338,100 and 14.8% less expensive than the average New Mexico home, at
$267,100. Renting a two-bedroom unit in La Plata costs
$800 per month, which is 21.6% cheaper than the national average of
$1,020 and 13.8% cheaper than the state average of
$910.
Can I afford La Plata?
To live comfortably in La Plata (zip 87418), New Mexico, a minimum annual income of
$43,560 for a family, and
$27,200 for a single person is recommended.
What does A.I. say about La Plata?
The cost of living in 87418 La Plata, NM is quite affordable compared to some other parts of the United States. According to data from the US Census Bureau, the median home value in this area is approximately $86,400, which is lower than the national median of $231,200. Furthermore, the median household income in 87418 La Plata is around $42,000 a year and the average price for a gallon of gas is about $2.50. Overall, this area has an incredibly low cost of living that makes it attractive for people looking to move or retire here.