Housing costs in Truth or Consequences?
A typical home costs
$120,300, which is 64.4% less expensive than the national average of
$338,100 and 55.0% less expensive than the average New Mexico home, at
$267,100. Renting a two-bedroom unit in Truth or Consequences costs
$800 per month, which is 44.1% cheaper than the national average of
$1,430 and 27.5% cheaper than the state average of
$1,020.
Can I afford Truth or Consequences?
To live comfortably in Truth or Consequences (zip 87901), New Mexico, a minimum annual income of
$23,040 for a family, and
$24,000 for a single person is recommended.
What does A.I. say about Truth or Consequences?
The cost of living in 87901 Truth or Consequences, NM is slightly below the national average, making it an attractive place to live. The median home price is $86,000 and the median household income is $32,500, which makes housing relatively affordable. Other costs like food and utilities are also lower than the national average. The area has a low unemployment rate which helps keep overall costs down while making it easier for people to find job opportunities. In addition, there are a variety of outdoor activities available, from fishing and hiking to camping and kayaking, providing plenty of options for leisure activities as well. Overall, 87901 Truth or Consequences provides an attractive combination of low costs and ample recreational opportunities.