Housing costs in Springer?
A typical home costs
$105,300, which is 68.9% less expensive than the national average of
$338,100 and 60.6% less expensive than the average New Mexico home, at
$267,100. Renting a two-bedroom unit in Springer costs
$710 per month, which is 50.3% cheaper than the national average of
$1,430 and 43.7% cheaper than the state average of
$1,020.
Can I afford Springer?
To live comfortably in Springer (zip 87747), New Mexico, a minimum annual income of
$20,160 for a family, and
$25,200 for a single person is recommended.
What does A.I. say about Springer?
The cost of living in 87747 Springer, NM is relatively low compared to many other areas. The most recent cost of living index for the area indicated a score of 85.2, which is 15.8% lower than the U.S average of 100. This makes Springer an attractive option for those looking to stretch their dollars further. Housing costs are especially low here, with the median home value at just $60,000 and rent approximately 30% cheaper than the U.S average. Groceries and healthcare also tend to be significantly less expensive here as well, making Springer a great place to live if you're looking for a lower cost of living without sacrificing quality lifestyle amenities.