Housing costs in Los Lunas?
A typical home costs
$262,300, which is 22.4% less expensive than the national average of
$338,100 and 1.8% less expensive than the average New Mexico home, at
$267,100. Renting a two-bedroom unit in Los Lunas costs
$1,160 per month, which is 13.7% more than the national average of
$1,020 and close to the state average of
$1,140.
Can I afford Los Lunas?
To live comfortably in Los Lunas (zip 87031), New Mexico, a minimum annual income of
$50,400 for a family, and
$38,400 for a single person is recommended.
What does A.I. say about Los Lunas?
The cost of living in 87031 Los Lunas, NM is relatively low compared to other cities throughout the United States. Housing costs are especially affordable, with the median home price being just over $150,000. Transportation costs are also quite low due to the area's close proximity to Albuquerque and Santa Fe, both of which offer a variety of public transportation options. Other everyday expenses such as food and healthcare are also affordable in this area. All in all, 87031 Los Lunas, NM is an excellent option for those who want to live somewhere that doesn't break their budget.