Housing costs in Maljamar?
A typical home costs
$161,800, which is 52.1% less expensive than the national average of
$338,100 and 39.4% less expensive than the average New Mexico home, at
$267,100. Renting a two-bedroom unit in Maljamar costs
$1,020 per month, which is 28.7% cheaper than the national average of
$1,430 and close to the state average of
$1,020.
Can I afford Maljamar?
To live comfortably in Maljamar (zip 88264), New Mexico, a minimum annual income of
$30,960 for a family, and
$31,200 for a single person is recommended.
What does A.I. say about Maljamar?
The cost of living in 88264 Maljamar, NM is quite reasonable compared to many areas. The median housing costs are lower than the national average, and other everyday expenses such as groceries, healthcare, and utilities remain below national averages. This makes it an attractive option for those looking for a more affordable place to live and work. Additionally, rent prices are quite reasonable compared to surrounding areas making it possible for people on a budget or with limited income to find suitable housing options.