Housing costs in Maxwell?
A typical home costs
$105,100, which is 68.9% less expensive than the national average of
$338,100 and 60.7% less expensive than the average New Mexico home, at
$267,100. Renting a two-bedroom unit in Maxwell costs
$770 per month, which is 46.2% cheaper than the national average of
$1,430 and 32.5% cheaper than the state average of
$1,020.
Can I afford Maxwell?
To live comfortably in Maxwell (zip 87728), New Mexico, a minimum annual income of
$20,160 for a family, and
$27,200 for a single person is recommended.
What does A.I. say about Maxwell?
The cost of living in 87728 Maxwell, NM is relatively low compared to other areas of New Mexico. The housing market is quite affordable with a median home value of only $62,400, which is much lower than the national average. Utilities and groceries are also at a discounted price, making it an attractive option for individuals looking to save money. The overall cost of living index is just 85.2 which is below the national average of 100. This makes 87728 Maxwell, NM an ideal place for people who want to live comfortably on a budget.