Housing costs in Carlsbad?
A typical home costs
$199,900, which is 40.9% less expensive than the national average of
$338,100 and 25.2% less expensive than the average New Mexico home, at
$267,100. Renting a two-bedroom unit in Carlsbad costs
$1,030 per month, which is 1.0% more than the national average of
$1,020 and close to the state average of
$1,010.
Can I afford Carlsbad?
To live comfortably in Carlsbad (zip 88220), New Mexico, a minimum annual income of
$38,160 for a family, and
$36,800 for a single person is recommended.
What does A.I. say about Carlsbad?
The cost of living in 88220 Carlsbad, NM is relatively affordable compared to many other American cities. The median home price is around $97,000, which is significantly lower than the national average. Additionally, rental prices are also quite low, with the average rent for a one bedroom apartment coming in at just under $600. Groceries and transportation costs are also reasonably low when compared to other cities. All in all, 88220 Carlsbad, NM provides an excellent value for those looking to settle down and enjoy the small-town charm of the area without breaking the bank.