Housing costs in Logan?
A typical home costs
$144,000, which is 57.4% less expensive than the national average of
$338,100 and 46.1% less expensive than the average New Mexico home, at
$267,100. Renting a two-bedroom unit in Logan 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 Logan?
To live comfortably in Logan (zip 88426), New Mexico, a minimum annual income of
$27,720 for a family, and
$28,000 for a single person is recommended.
What does A.I. say about Logan?
The cost of living in 88426 Logan, NM is quite affordable. The median home price is around $130,000, which is lower than the US average of $184,700. Rent prices are also relatively low at an average of $698 per month. Grocery and utility costs are quite reasonable as well. Additionally, the state income tax rate in New Mexico is only 4.9%, making it one of the lowest in the country. All in all, 88426 Logan, NM offers a very comfortable lifestyle for an attractive price point.