Housing costs in La Villita?
A typical home costs
$230,500, which is 31.8% less expensive than the national average of
$338,100 and 13.7% less expensive than the average New Mexico home, at
$267,100. Renting a two-bedroom unit in La Villita costs
$800 per month, which is 21.6% cheaper than the national average of
$1,020 and close to the state average of
$800.
Can I afford La Villita?
To live comfortably in La Villita (zip 87511), New Mexico, a minimum annual income of
$44,280 for a family, and
$28,000 for a single person is recommended.
What does A.I. say about La Villita?
The cost of living in 87511 La Villita, NM is relatively affordable compared to other areas of New Mexico and the country as a whole. Groceries, health care, transportation, and utilities are all quite low when compared to national averages. The median home value is around $126,000, which is well below the national average. As such, it is an ideal area for those looking for an affordable place to live with plenty of amenities nearby. In addition to low costs of living, La Villita offers a beautiful natural landscape that makes it an attractive location for people who enjoy outdoor activities.