Housing costs in Tatum?
A typical home costs
$89,900, which is 73.4% less expensive than the national average of
$338,100 and 66.3% less expensive than the average New Mexico home, at
$267,100. Renting a two-bedroom unit in Tatum costs
$1,030 per month, which is 1.0% more than the national average of
$1,020 and close to the state average of
$1,020.
Can I afford Tatum?
To live comfortably in Tatum (zip 88267), New Mexico, a minimum annual income of
$17,280 for a family, and
$31,200 for a single person is recommended.
What does A.I. say about Tatum?
The cost of living in 88267 Tatum, NM is relatively low in comparison to other areas of the country. The median home value is $66,000, with an average monthly rent of $618. The overall cost of living index for the area is 84.5 which is 15.5% lower than the U.S. average making it one of the most affordable places to live in the country. Utilities on average are very affordable and food costs are below the national average as well. Overall, Tatum has a very low cost of living and can be an attractive option for those looking to save money while still maintaining a comfortable lifestyle.