Housing costs in Ojo Caliente?
A typical home costs
$291,600, which is 13.8% less expensive than the national average of
$338,100 and 9.2% more expensive than the average New Mexico home, at
$267,100. Renting a two-bedroom unit in Ojo Caliente costs
$920 per month, which is 35.7% cheaper than the national average of
$1,430 and 10.9% cheaper than the state average of
$1,020.
Can I afford Ojo Caliente?
To live comfortably in Ojo Caliente (zip 87549), New Mexico, a minimum annual income of
$55,800 for a family, and
$31,600 for a single person is recommended.
What does A.I. say about Ojo Caliente?
The cost of living in 87549 Ojo Caliente, NM is relatively low compared to other areas of the state. The median home price for the area is around $200,000, which is well below the national average. Additionally, monthly rental costs are also much lower than other parts of the state. Food costs and transportation costs tend to be slightly higher, but overall still quite reasonable. Living in this area offers a great balance between affordability and quality of life.