Housing costs in Lemitar?
A typical home costs
$145,700, which is 56.9% less expensive than the national average of
$338,100 and 45.5% less expensive than the average New Mexico home, at
$267,100. Renting a two-bedroom unit in Lemitar costs
$790 per month, which is 44.8% cheaper than the national average of
$1,430 and 29.1% cheaper than the state average of
$1,020.
Can I afford Lemitar?
To live comfortably in Lemitar (zip 87823), New Mexico, a minimum annual income of
$28,080 for a family, and
$24,000 for a single person is recommended.
What does A.I. say about Lemitar?
Living in 87823 Lemitar, NM is quite affordable. The median home price for the area is only $86,800, which offers great value compared to the state average of $160,400. Renting is also an option with a median monthly rent of just $692. Other costs such as groceries and utilities are also low, making the cost of living in 87823 Lemitar, NM very reasonable. Overall, this small city offers a great quality of life without breaking the bank.