Housing costs in Regina?
A typical home costs
$239,700, which is 29.1% less expensive than the national average of
$338,100 and 10.3% less expensive than the average New Mexico home, at
$267,100. Renting a two-bedroom unit in Regina costs
$1,390 per month, which is 36.3% more than the national average of
$1,020 and 18.0% more than the state average of
$1,140.
Can I afford Regina?
To live comfortably in Regina (zip 87046), New Mexico, a minimum annual income of
$46,080 for a family, and
$46,000 for a single person is recommended.
What does A.I. say about Regina?
The cost of living in 87046 Regina, NM is relatively affordable. The overall cost of living index is around 91.8, which is below the US average of 100. This number takes into account the cost of goods and services like housing costs, groceries, health care, transportation, utilities, and other expenses. The median home cost is around $127,500 making it a very affordable place to live. Additionally, there are no state income taxes in New Mexico making it an even better option for those looking to move here. Overall, Regina offers an affordable lifestyle with plenty of amenities that make it a great place to call home.