Housing costs in Timberon?
A typical home costs
$143,400, which is 57.6% less expensive than the national average of
$338,100 and 46.3% less expensive than the average New Mexico home, at
$267,100. Renting a two-bedroom unit in Timberon costs
$810 per month, which is 20.6% cheaper than the national average of
$1,020 and close to the state average of
$800.
Can I afford Timberon?
To live comfortably in Timberon (zip 88350), New Mexico, a minimum annual income of
$27,360 for a family, and
$28,400 for a single person is recommended.
What does A.I. say about Timberon?
The cost of living in 88350 Timberon, NM is quite reasonable, making it an attractive option for those looking for a more affordable place to live. The average home price in the area is around $130,000 and the average rental rate is just over $700. Utilities are also affordable with gas prices usually hovering around $2 per gallon and electricity prices generally coming in at or below the national average. The overall cost of living index is nearly 20% lower than the national average, making it an ideal spot for budget-minded individuals or families looking to stretch their dollars further.