Housing costs in Peralta?
A typical home costs
$293,200, which is 13.3% less expensive than the national average of
$338,100 and 9.8% more expensive than the average New Mexico home, at
$267,100. Renting a two-bedroom unit in Peralta costs
$1,190 per month, which is 16.7% more than the national average of
$1,020 and 4.2% more than the state average of
$1,140.
Can I afford Peralta?
To live comfortably in Peralta (zip 87042), New Mexico, a minimum annual income of
$56,160 for a family, and
$39,200 for a single person is recommended.
What does A.I. say about Peralta?
The cost of living in 87042 Peralta, NM is relatively low compared to other areas. According to Best Places, the cost of living index for 87042 Peralta is 89.1, which is 11.9% lower than the U.S. average of 100. Housing costs are among the most affordable in the area with a median home price of just $85,000 offering great value for money. Goods and services are also cheaper than the national average, making this an ideal place for those looking to make a significant saving on their everyday expenses. With its plentiful amenities and close proximity to Albuquerque, 87042 Peralta makes an ideal spot for budget-conscious families looking for a new home.