Housing costs in Los Alamos?
A typical home costs
$461,900, which is 36.6% more expensive than the national average of
$338,100 and 72.9% more expensive than the average New Mexico home, at
$267,100. Renting a two-bedroom unit in Los Alamos costs
$810 per month, which is 20.6% cheaper than the national average of
$1,020 and 48.1% cheaper than the state average of
$1,200.
Can I afford Los Alamos?
To live comfortably in Los Alamos (zip 87544), New Mexico, a minimum annual income of
$88,560 for a family, and
$25,200 for a single person is recommended.
What does A.I. say about Los Alamos?
The cost of living in 87544 Los Alamos, NM is quite high compared to the national average. According to the Council for Community and Economic Research, the cost of living index in Los Alamos is 115, which indicates that it is 15 percent more expensive than the national average. Housing costs are especially high, with a median home price of over $400,000. Other living expenses such as transportation, groceries, and utilities are also more expensive than the national average. However, due to its idyllic location near natural beauty and a vibrant local economy with many job opportunities, Los Alamos can be an attractive place to live despite its higher cost of living.