Housing costs in Vado?
A typical home costs
$238,400, which is 29.5% less expensive than the national average of
$338,100 and 10.7% less expensive than the average New Mexico home, at
$267,100. Renting a two-bedroom unit in Vado costs
$880 per month, which is 13.7% cheaper than the national average of
$1,020 and close to the state average of
$890.
Can I afford Vado?
To live comfortably in Vado (zip 88072), New Mexico, a minimum annual income of
$45,720 for a family, and
$30,400 for a single person is recommended.
What does A.I. say about Vado?
The cost of living in 88072 Vado, NM is comparatively low. According to BestPlaces.net, the cost of living index for Vado is 64.3, which is considerably less than the national average of 100. This means that overall expenses in Vado are approximately 36% lower than the rest of the country. Housing costs make up a large portion of this difference; rental prices and home values are both substantially lower than the national average. In addition to housing, groceries, transportation, healthcare and utilities all also tend to be cheaper in Vado than elsewhere. All these factors make 88072 Vado an affordable place to live overall.