Housing costs in Las Cruces?
A typical home costs
$272,300, which is 19.5% less expensive than the national average of
$338,100 and 1.9% more expensive than the average New Mexico home, at
$267,100. Renting a two-bedroom unit in Las Cruces costs
$1,150 per month, which is 12.7% more than the national average of
$1,020 and 22.6% more than the state average of
$890.
Can I afford Las Cruces?
To live comfortably in Las Cruces (zip 88012), New Mexico, a minimum annual income of
$52,200 for a family, and
$40,000 for a single person is recommended.
What does A.I. say about Las Cruces?
The cost of living in 88012 Las Cruces, NM is relatively affordable compared to other nearby cities. According to an analysis conducted by BestPlaces, the cost of living index for the area is 84.2, which is lower than the US average of 100. Goods and services tend to be slightly less expensive than average, with grocery stores, restaurants, and healthcare being particularly cheaper than most places in the country. Additionally, housing expenses are significantly lower than national averages, with rent being significantly more affordable compared to other areas in New Mexico. All-in-all, 88012 Las Cruces offers a comfortable lifestyle with plenty of options at a reasonable price.