Housing costs in Las Cruces?
A typical home costs
$327,000, which is 3.3% less expensive than the national average of
$338,100 and 22.4% more expensive than the average New Mexico home, at
$267,100. Renting a two-bedroom unit in Las Cruces costs
$1,080 per month, which is 5.9% more than the national average of
$1,020 and 17.6% more than the state average of
$890.
Can I afford Las Cruces?
To live comfortably in Las Cruces (zip 88011), New Mexico, a minimum annual income of
$62,640 for a family, and
$37,600 for a single person is recommended.
What does A.I. say about Las Cruces?
The cost of living in Las Cruces, NM is generally quite affordable. According to BestPlaces, the cost of living index in 88011 is 67.51 which is lower than the US average of 100. Rent in Las Cruces is also relatively low, with an average rent of $694 for a 1-bedroom apartment and $931 for a 3-bedroom apartment, compared to the national averages of $1,033 and $1,476 respectively. Groceries are also relatively cheap in Las Cruces when compared to other cities across the United States. All in all, Las Cruces can be a great place to live if you are looking for an affordable cost of living.