Housing costs in Nogal?
A typical home costs
$319,500, which is 5.5% less expensive than the national average of
$338,100 and 19.6% more expensive than the average New Mexico home, at
$267,100. Renting a two-bedroom unit in Nogal costs
$790 per month, which is 44.8% cheaper than the national average of
$1,430 and 29.1% cheaper than the state average of
$1,020.
Can I afford Nogal?
To live comfortably in Nogal (zip 88341), New Mexico, a minimum annual income of
$61,200 for a family, and
$24,400 for a single person is recommended.
What does A.I. say about Nogal?
The cost of living in 88341 Nogal, NM is relatively low compared to the national average. The median home price in Nogal is $125,500, which is well below the national median of $231,200. Additionally, the average commute time for residents is just 20 minutes; significantly less than the national average of 26 minutes. On top of that, the cost of groceries and utilities are also much lower than the national averages. All in all, living in 88341 Nogal, NM can be quite affordable for many individuals and families.