Housing costs in Rincon?
A typical home costs
$185,400, which is 45.2% less expensive than the national average of
$338,100 and 30.6% less expensive than the average New Mexico home, at
$267,100. Renting a two-bedroom unit in Rincon costs
$870 per month, which is 14.7% cheaper than the national average of
$1,020 and 2.3% cheaper than the state average of
$890.
Can I afford Rincon?
To live comfortably in Rincon (zip 87940), New Mexico, a minimum annual income of
$35,640 for a family, and
$30,000 for a single person is recommended.
What does A.I. say about Rincon?
The cost of living in 87940 Rincon, NM is quite reasonable. The average cost for housing is quite low in comparison to the national average, and utilities are also quite cheap. Groceries are fairly inexpensive as well, especially when you shop at local farmers markets and farmers stands. While there aren't many job opportunities in this area, the ones that do exist usually pay better than the national minimum wage. In addition to this, there are plenty of outdoor recreational activities that can be enjoyed without having to spend a lot of money. All in all, 87940 Rincon, NM is an affordable place to live with plenty of opportunities for relaxation and leisure activities at a reasonable price.