Housing costs in Vallecitos?
A typical home costs
$276,700, which is 18.2% less expensive than the national average of
$338,100 and 3.6% more expensive than the average New Mexico home, at
$267,100. Renting a two-bedroom unit in Vallecitos costs
$810 per month, which is 43.4% cheaper than the national average of
$1,430 and 25.9% cheaper than the state average of
$1,020.
Can I afford Vallecitos?
To live comfortably in Vallecitos (zip 87581), New Mexico, a minimum annual income of
$52,920 for a family, and
$28,000 for a single person is recommended.
What does A.I. say about Vallecitos?
The cost of living in 87581 Vallecitos, NM is quite reasonable. According to the Best Places website, the overall cost of living index for the area is 86.5, which is 14.5% lower than the national average. This makes it an attractive option for those looking to save money while still living comfortably. Housing costs are particularly low in Vallecitos, with a median home value of $132,000 and monthly rent around $650 - both significantly lower than the U.S. average. Other essential expenses such as groceries and utilities also tend to be cheaper than elsewhere in the country, making it an ideal place for those seeking a more affordable lifestyle without compromising on quality of life.