Housing costs in Ruidoso?
A typical home costs
$274,800, which is 18.7% less expensive than the national average of
$338,100 and 2.9% more expensive than the average New Mexico home, at
$267,100. Renting a two-bedroom unit in Ruidoso costs
$780 per month, which is 45.5% cheaper than the national average of
$1,430 and 30.8% cheaper than the state average of
$1,020.
Can I afford Ruidoso?
To live comfortably in Ruidoso (zip 88345), New Mexico, a minimum annual income of
$52,560 for a family, and
$24,000 for a single person is recommended.
What does A.I. say about Ruidoso?
The cost of living in 88345 Ruidoso, NM is much lower than the average cost of living in the United States. The median home value is around $141,000 and the median rent is around $790 per month. The cost of groceries, utilities, transportation, and health care are all significantly lower than the national averages. Most residents can afford to live comfortably within their budget without having to worry about breaking the bank. Additionally, there are plenty of affordable housing options available in Ruidoso making it easy for anyone to find a place that fits their needs.