Housing costs in Thoreau?
A typical home costs
$94,400, which is 72.1% less expensive than the national average of
$338,100 and 64.7% less expensive than the average New Mexico home, at
$267,100. Renting a two-bedroom unit in Thoreau costs
$820 per month, which is 19.6% cheaper than the national average of
$1,020 and 2.4% more than the state average of
$800.
Can I afford Thoreau?
To live comfortably in Thoreau (zip 87323), New Mexico, a minimum annual income of
$18,000 for a family, and
$27,600 for a single person is recommended.
What does A.I. say about Thoreau?
The cost of living in 87323 Thoreau, NM is relatively low compared to some other areas. The median household income is around $30,000, and the median home value is about $79,000. Renting a two-bedroom apartment in the area typically costs about $600 per month and groceries and other expenses are relatively affordable as well. Property taxes are also relatively low, which can help keep overall living costs down. In addition to the low cost of living, 87323 Thoreau offers plenty of outdoor activities that can be enjoyed year round and there is plenty of opportunity for those looking to start a business or find work in the area.