Housing costs in Ponderosa?
A typical home costs
$240,200, which is 29.0% less expensive than the national average of
$338,100 and 10.1% less expensive than the average New Mexico home, at
$267,100. Renting a two-bedroom unit in Ponderosa costs
$1,440 per month, which is 41.2% more than the national average of
$1,020 and 20.8% more than the state average of
$1,140.
Can I afford Ponderosa?
To live comfortably in Ponderosa (zip 87044), New Mexico, a minimum annual income of
$46,080 for a family, and
$47,600 for a single person is recommended.
What does A.I. say about Ponderosa?
The cost of living in 87044 Ponderosa, NM is relatively affordable compared to other cities in the state. The median home value is around $176,000 which is lower than the national average and only slightly higher than the state average. In terms of renting, a two bedroom apartment has an average rent of just under $1,000 per month. Additionally, groceries and other everyday necessities are generally much cheaper here than in other parts of New Mexico. This makes it an ideal place for anyone looking to enjoy a comfortable lifestyle on a budget.