Housing costs in Tohatchi?
A typical home costs
$66,600, which is 80.3% less expensive than the national average of
$338,100 and 75.1% less expensive than the average New Mexico home, at
$267,100. Renting a two-bedroom unit in Tohatchi costs
$840 per month, which is 17.6% cheaper than the national average of
$1,020 and 4.8% more than the state average of
$800.
Can I afford Tohatchi?
To live comfortably in Tohatchi (zip 87325), New Mexico, a minimum annual income of
$12,600 for a family, and
$28,400 for a single person is recommended.
What does A.I. say about Tohatchi?
The cost of living in 87325 Tohatchi, NM is quite affordable. According to the Missouri Economic Research and Information Center, the overall cost of living index for 87325 Tohatchi is 89.2, which is 11.8 percent lower than the U.S. average of 100. This means that residents of 87325 Tohatchi can expect to pay 11.8 percent less than the average American for necessities such as groceries, health care, transportation expenses, housing costs, and utilities. The median home value in 87325 Tohatchi is $136,200 which is 45% below the national average making it a great place to buy a home at an affordable price. Overall the cost of living in 87325 Tohatchi makes it a great place to live and do business with an affordable cost of living for all residents.