Housing costs in Mesquite?
A typical home costs
$181,400, which is 46.3% less expensive than the national average of
$338,100 and 32.1% less expensive than the average New Mexico home, at
$267,100. Renting a two-bedroom unit in Mesquite costs
$990 per month, which is 2.9% cheaper than the national average of
$1,020 and 10.1% more than the state average of
$890.
Can I afford Mesquite?
To live comfortably in Mesquite (zip 88048), New Mexico, a minimum annual income of
$34,920 for a family, and
$34,400 for a single person is recommended.
What does A.I. say about Mesquite?
The cost of living in 88048 Mesquite, NM is quite reasonable. The average home price is around $150,000, and the median rent for a two-bedroom apartment is around $690 to $780. Groceries are also relatively inexpensive, with the average household spending just over $400 each month. Overall it is an affordable place to live in comparison to the national average. Public transportation is available but limited, so having a car could be helpful if you plan on travelling outside of town often. All in all, 88048 Mesquite, NM offers a comfortable lifestyle at an affordable price.