Housing costs in Lovington?
A typical home costs
$136,900, which is 59.5% less expensive than the national average of
$338,100 and 48.7% less expensive than the average New Mexico home, at
$267,100. Renting a two-bedroom unit in Lovington costs
$1,020 per month, which is 0.0% cheaper than the national average of
$1,020 and close to the state average of
$1,020.
Can I afford Lovington?
To live comfortably in Lovington (zip 88260), New Mexico, a minimum annual income of
$26,280 for a family, and
$31,200 for a single person is recommended.
What does A.I. say about Lovington?
88260 Lovington, NM is a great place to live because the cost of living is very affordable. The median home cost is $92,400 and the median rent cost is $717 per month. In comparison to many other cities, these numbers are quite low and make 88260 Lovington, NM an attractive place for budget conscious individuals and families looking for a permanent home. Along with lower housing costs, groceries, health care, transportation costs and utilities are all reasonably priced too. All in all, 88260 Lovington, NM offers a high quality of life at an affordable price.