Housing costs in Tucumcari?
A typical home costs
$73,700, which is 78.2% less expensive than the national average of
$338,100 and 72.4% less expensive than the average New Mexico home, at
$267,100. Renting a two-bedroom unit in Tucumcari costs
$710 per month, which is 50.3% cheaper than the national average of
$1,430 and 43.7% cheaper than the state average of
$1,020.
Can I afford Tucumcari?
To live comfortably in Tucumcari (zip 88401), New Mexico, a minimum annual income of
$14,040 for a family, and
$25,200 for a single person is recommended.
What does A.I. say about Tucumcari?
The cost of living in 88401 Tucumcari, NM is relatively low. According to a recent survey, the overall cost of living index for this area is 84.2, which is significantly lower than the national average of 100. This means that basic goods and services are much more affordable here than in other parts of the United States. Housing costs are especially reasonable, with average rent prices being $512 per month and median home values at $83,500. Utility costs also remain relatively low compared to other parts of the country. All in all, 88401 Tucumcari makes for an attractive place to live due to its affordability and many amenities nearby.