Housing costs in Tierra Amarilla?
A typical home costs
$197,300, which is 41.6% less expensive than the national average of
$338,100 and 26.1% less expensive than the average New Mexico home, at
$267,100. Renting a two-bedroom unit in Tierra Amarilla costs
$800 per month, which is 21.6% cheaper than the national average of
$1,020 and close to the state average of
$800.
Can I afford Tierra Amarilla?
To live comfortably in Tierra Amarilla (zip 87575), New Mexico, a minimum annual income of
$37,800 for a family, and
$27,600 for a single person is recommended.
What does A.I. say about Tierra Amarilla?
The cost of living in 87575 Tierra Amarilla, NM is relatively low compared to many other areas. On average, groceries and healthcare costs are around 10% lower than the national averages. Rent prices for a one-bedroom apartment typically range between $500 and $700 per month, with two-bedroom apartments costing slightly more. Gasoline prices tend to be lower than the national averages, as well. All in all, 87575 Tierra Amarilla offers an affordable cost of living that is attractive to many residents.