Housing costs in Fort Wingate?
A typical home costs
$75,300, which is 77.7% less expensive than the national average of
$338,100 and 71.8% less expensive than the average New Mexico home, at
$267,100. Renting a two-bedroom unit in Fort Wingate costs
$790 per month, which is 22.5% cheaper than the national average of
$1,020 and close to the state average of
$800.
Can I afford Fort Wingate?
To live comfortably in Fort Wingate (zip 87316), New Mexico, a minimum annual income of
$14,400 for a family, and
$26,400 for a single person is recommended.
What does A.I. say about Fort Wingate?
The cost of living in 87316 Fort Wingate, NM is relatively low compared to other areas. According to BestPlaces, the median home cost in 87316 is $90,700, whereas the median list price for all homes in the U.S. is $206,000. The average rent in 87316 is also significantly lower than the national average at just $783 per month versus the U.S. average of $1,474 per month. Furthermore, groceries and other goods are generally more affordable than most places in America with a cost of living index rating of 84 (the national average being 100). In short, residents of Fort Wingate enjoy a reasonable cost of living that can make their dollar stretch further than most places across America.