Housing costs in Deming?
A typical home costs
$121,400, which is 64.1% less expensive than the national average of
$338,100 and 54.5% less expensive than the average New Mexico home, at
$267,100. Renting a two-bedroom unit in Deming 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 Deming?
To live comfortably in Deming New Mex Metro Area, New Mexico, a minimum annual income of
$23,400 for a family, and
$24,000 for a single person is recommended.
What does A.I. say about Deming?
The cost of living in the Deming, NM Metro Area is significantly lower than the national average. On a scale of 100, the average cost of living in Deming, NM Metro Area is 71.6 compared to the US average of 100. This difference in cost of living makes housing more affordable for those living in this area. The median value for a house in the Deming, NM Metro Area is 121400 compared to the US average which is 338100. This difference allows residents to purchase a home at an affordable price while still enjoying all of the benefits and amenities that come with living in this area.