
Housing costs in Mimbres?
A typical home costs
$187,100, which is 44.7% less expensive than the national average of
$338,100 and 30.0% less expensive than the average New Mexico home, at
$267,100. Renting a two-bedroom unit in Mimbres costs
$790 per month, which is 22.5% cheaper than the national average of
$1,020 and close to the state average of
$800.
Can I afford Mimbres?
To live comfortably in Mimbres (zip 88049), New Mexico, a minimum annual income of
$36,000 for a family, and
$27,200 for a single person is recommended.
What does A.I. say about Mimbres?
The cost of living in 88049 Mimbres, NM is relatively low compared to the national average. The median household income is $36,854, which is lower than the United States average of $60,336. Additionally, the cost of housing in Mimbres is significantly lower than the national average. The median home price for homes in 88049 is only $85,500 compared to the national average of $231,200. Other costs such as groceries and utilities are also much lower in this small New Mexico town. Overall, it can be said that living in 88049 Mimbres, NM offers a great deal of value when it comes to cost of living when compared to other areas throughout the United States.