Housing costs in Mora?
A typical home costs
$143,200, which is 57.6% less expensive than the national average of
$338,100 and 46.4% less expensive than the average New Mexico home, at
$267,100. Renting a two-bedroom unit in Mora costs
$810 per month, which is 43.4% cheaper than the national average of
$1,430 and 25.9% cheaper than the state average of
$1,020.
Can I afford Mora?
To live comfortably in Mora (zip 87732), New Mexico, a minimum annual income of
$27,360 for a family, and
$26,000 for a single person is recommended.
What does A.I. say about Mora?
The cost of living in 87732 Mora, NM is relatively affordable. Housing expenses are below the national average with a median home price of $91,500 and an average monthly rent of $435. Groceries and other basic goods are also very reasonable. Utility costs, such as electricity and water, are also lower than the national average. Transportation costs can be slightly higher than elsewhere due to the rural nature of the town, but overall, 87732 Mora offers a competitive cost of living for those seeking an inexpensive place to live in New Mexico.